Quotations
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Drew Peck Quotes
«It's not a disaster. But it's just not good enough to rally the stock.»
Author: Drew Peck
«They had an upside surprise in gross margins, but their guidance for 2002 is basically flat from here.»
Author: Drew Peck
«There's no more upside coming. So we're not going to see more than 65, maybe 70 cents out of this company for the whole year. This is a very expensive stock to be earning 65 or 70 cents.»
Author: Drew Peck
«In an absolute sense, the results were good. But I think there may be some disappointment over revenue, which came in basically in line with expectations.»
Author: Drew Peck
«In light of the huge upside we saw last quarter, I think a lot of investors might have been expecting a little bit better. That may be a nagging problem when you consider that the stock was discounting fairly high expectations already. I suspect there could be some weakness as a result of that.»
Author: Drew Peck
«Intel's pre-announcement goes a long way to explaining softness in the DRAM market. PCs consume well over one-half of all DRAMs.»
Author: Drew Peck
«Shorter-term investors should probably stick with names that can show some building momentum in [the first half of 2002].»
Author: Drew Peck
«I'm not only in agreement, I've been feeling for quite a while that these issues are going to emerge pretty soon. I guess the only question I have is, if everything that Kumar described is true, which frankly, I believe it is, then why does he still have a 'buy' on the stock?»
Author: Drew Peck
«We saw a sharp drop in demand for processors. If that sustains, then it's likely we'll see some disappointments in the PC sector and related component companies.»
Author: Drew Peck
«Obviously, this company is having big problems. It's cash flow negative. They are now at the point where they are selling off pieces of their business to subsidize the remaining piece. All their eggs are in one basket.»
Author: Drew Peck