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Alan Skrainka Quotes
«Investors took advantage of the sell-off Friday to add to their portfolio. There are some good values with the blue chips.»
«Investors are focusing on Greenspan and the fact that he said they (the central bank) had increased rates four times and it did little to slow the economy. He is saying more work needs to be done.»
«I think the performance gap between the new-economy and old-economy stocks is like a rubber band; it seems to be snapping the other way. The new economy sounds very exciting, but you're still going to need food, medicine and electricity to survive.»
«It looks like the threat of breaking up the company has been taken off the table and is beginning to fade.»
«Clearly, Microsoft is the catalyst for today's tech sell-off.»
«You're seeing a return to traditional measures of value as investors become more focused on things like (price-to-earnings ratios), interest rates and earnings.»
«We think it's time for investors to be cautious about technology stocks.»
«The economy is way too hot and is generating inflation pressure. And the Fed is going to have to address it with higher interest rates.»
«I think all these reports taken together are going to paint an economy that is too hot. Labor costs are rising and that is beginning to lead to some signs of inflation.»
«I don't think we can read anything at all into it. It's a lack of conviction and a lot of fence-sitting.»