Quotations
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Bill Meehan Quotes
«Clearly there are signs that we are going to see a much less rosy picture in capital investment, and we're certainly in a bear market in technology. I would expect many investors still have not been able to pare back their exposure to technology to the degree that many would like to.»
Author: Bill Meehan
«The economic calendar and what companies have to say about how their fourth quarter and next year expectations are will be critical, especially in the technology sector. That's of much greater importance than the elections situation.»
Author: Bill Meehan
«The market is always dealing with uncertainty, and this particular piece of uncertainty is not terribly complicated. There will be a President Bush or a President Gore, and neither will have a strong mandate from voters.»
Author: Bill Meehan
«Contrary to logic, people were hoping the Fed would change their bias to a neutral stance. Part of the exuberance earlier was an increased appreciation of the likelihood that we would have a president-elect before the market opens on Monday.»
Author: Bill Meehan
«I think we are making a change back to a more historically normal environment and I think value will outperform growth.»
Author: Bill Meehan
«People that are overexposed in tech should rethink the thesis that many seem to hold that since stocks are down (significantly), they are going to shoot to the sky. Last year was an anomaly.»
Author: Bill Meehan
«This is all Greenspan. He's made it very clear that the Fed will go to neutral bias.»
Author: Bill Meehan
«We got a little bit of a pop from the Supreme Court ruling. I think some of the strength we've seen was discounting a Bush presidency. Obviously the uncertainty was not what was hurting the Nasdaq -- earnings would be impacted by a slowing economy.»
Author: Bill Meehan
«I think that's evidence that a good deal of any weak earnings is priced into the market because the expectations have been lowered by analysts and further lowered by realistic expectations of the Street.»
Author: Bill Meehan
«I think it was likely to falter because of the amount of people who bought in anticipation of the approval.»
Author: Bill Meehan