Quotations
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Alan Skrainka Quotes
«We think they do have a great pipeline in the areas of cardiovascular, cancer and AIDS. These are the fastest growing areas in the pharmaceutical industry.»
Author: Alan Skrainka
«Techs were hot and everything else was not on confusion about the future of interest rates. When the interest-rate picture is cloudy, the focus turns to earnings. And earnings in the tech sector have been good.»
Author: Alan Skrainka
«The valuation gap between old economy stocks and new economy stocks is getting wider and wider. To me, it's like a rubber band. You can only stretch it so far and eventually it's going to snap back.»
Author: Alan Skrainka
«It's just the nuttiest argument that I've ever heard -- this whole idea of old economy versus new economy assumes that we're all going to be sitting around in the dark, naked and hungry, surfing on the Internet. The idea that you don't need food companies or companies like Procter & Gamble anymore is just nuts.»
Author: Alan Skrainka
«Albertson's is truly a value stock, the third-largest grocery chain, with a very stable predictable business with 29 years of higher earnings. The stock was really clobbered since they announced a merger last year that didn't quite work out. But it's still a wonderful company, at 10 times earnings.»
Author: Alan Skrainka
«I think it was a very volatile and directionless week. Investors should tap on the brakes a few times and strap on their seat belts. (Last week) was very earnings driven, and now it's shifting and people are going to focus once again on value.»
Author: Alan Skrainka
«I think the market remains hypersensitive to these (economic) reports. You should stay focused on your long-term goals and not short-term economic reports, but the market continues to be dominated by fear, uncertainty and confusion.»
Author: Alan Skrainka
«It just reflects Wall Street's manic-depressive mood. In the meantime, you have some selective cautious buying, but I think people are much more cautious and not just jumping in on any dip.»
Author: Alan Skrainka
«We are not seeing the big slowdown but we are seeing some weakness around the edges showing the medicine is starting to take effect. And I don't think it's just psychological.»
Author: Alan Skrainka
«I do think the majority of Alan Greenspan's work is done.»
Author: Alan Skrainka