Quotations
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Peter Cardillo Quotes
«If there are any indications that this could be the last cut, the market might be disappointed -- but the good news would be that the Fed is confident we are in an economic rebound. In essence, the market could work its way higher because better economic times ahead would include better earnings performance.»
Author: Peter Cardillo
«It looks as though the consumer isn't too worried about losing his job or spending his money.»
Author: Peter Cardillo
«It's a little bit of a divergent market. There's some money on the sidelines coming into the tech stocks, and any meaningful rally from here will probably be led by the tech group.»
Author: Peter Cardillo
«This market just won't give up some old habits.»
Author: Peter Cardillo
«Basically it's a buyers' strike and it's a market of individual stocks rather than the market as a whole.»
Author: Peter Cardillo
«Here is a classical story of a stock that is trading under book value. AT&T, the same thing. I believe it is up 4 or 5 points from its low and basically trying to stabilize at these levels, when it is all said and done, it still probably will be the leader of the pack. Again, a company selling under book value,»
Author: Peter Cardillo
«Obviously the cell business is extremely hot in Europe and it's going to continue and it's going to grow in other parts of the world and I think a good supplier of that comes from Motorola ( MOT : Research , Estimates ) and again, the stock has absorbed a lot of negative news lately and it does seem to have made a bottom and it keeps bouncing off its lows. So that tells me that, you know, going forward things will change. We might encounter another quarter of bad news out of them but I think at these levels it should be bought.»
Author: Peter Cardillo
«We continue to go down in full force and technology stocks are one total disaster. Fear of pockets of recession continue to grow in the market and, while disappointment over the Fed didn't help, that's just an excuse [to sell].»
Author: Peter Cardillo
«There's a little volatility on the downside ahead of the long weekend, so we're seeing money flowing out of the Dow and selectively going into the tech arena. Industrial stocks are not doing so well.»
Author: Peter Cardillo
«Dell Computer ( DELL : Research , Estimates ) is battered down here, revenue growth put into question as the whole technology group has been put into question but I think, you know, going forward that Dell will be a winner here and I think it should be bought at these levels.»
Author: Peter Cardillo