Quotations
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Kate Warne Quotes
«Now that nobody's worrying about this quarter's earnings, they're now worried about if growth will slow and since Microsoft said yes, that led to a sell-off in technology. There's some worry about Microsoft being split up but I think it's actually more concern about their warning about the future.»
Author: Kate Warne
«It's the same old story. It's Nortel and BCE. Dynamite earnings out of both of those and the stocks just roared ahead. And so went the market.»
Author: Kate Warne
«Any nervousness about Cisco translates into Nortel and all other high quality technology stocks and into some of the smaller riskier ones as well.»
Author: Kate Warne
«The Cisco announcement that their revenue might slow due to shortage of parts (meant), therefore, Nortel was down because it's competing in the same market. I think that was the big negative.»
Author: Kate Warne
«We wouldn't have seen such a strong rally if we hadn't seen most of it in Nortel.»
Author: Kate Warne
«Depending on what the CPI shows and what Greenspan says, the market has pretty much decided that we won't see a rate hike at the end of the month or through the rest of the summer and, therefore, there might be a quarter point (hike) some place but the Fed's pretty much done.»
Author: Kate Warne
«I think that a lot of people are on the sidelines, having positioned their portfolio already in advance of the Fed meeting, and not wanting to do anything in case the Fed actually surprises us.»
Author: Kate Warne
«I think everybody is worried that they got a little overextended and do not feel comfortable moving forward until we actually see some of the strong earnings that will come in.»
Author: Kate Warne
«Certainly Nortel selling its optical business to Corning and then taking half of the company is probably the biggest story on Monday as far as news that moved the markets.»
Author: Kate Warne
«A Combination of Nokia saying it wouldn't do well in the third quarter, which seemed to hit all of the tech sector, the end of the Nortel Corning talks, and I think the market overall got nervous about what might happen in the future.»
Author: Kate Warne