Bill Meehan
Bill Meehan
William Thomas Meehanwas an American Major League Baseballpitcher. He played for the Philadelphia Athletics during the 1915 season...
cash defensive lighten overweight people raise shift technology
I would tell people who are overweight in technology to use any bounces to lighten up in those areas, raise some cash and shift portfolios into more defensive positions.
amount earnings estimates fear great growth justify next revenue stocks technology
There is not enough earnings and/or revenue growth to justify valuations in a lot of the technology stocks and there is a great amount of fear that analysts will be slashing away at their earnings estimates for next year.
asia expected people question technology
People expected that Asia was pretty much over, and things would get better over the better part of the year. Now, that's called into question here, and technology is a pariah now. And I think there's probably some more downside, near-term, for technology.
bear capital certainly clearly degree expect exposure investors less market pare picture signs technology
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.
calendar companies economic elections fourth greater importance next quarter technology year
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.
change environment normal value
I think we are making a change back to a more historically normal environment and I think value will outperform growth.
certain extent greater impact larger major people problem
I think it will be to a greater extent a larger problem than most people anticipate. Obviously, it's going to have a major impact on certain industries.
cap concerns cross favorite large stocks talking tech
There are analysts out there talking up their favorite tech stocks. On the other hand, there are still concerns that large cap tech stocks may be doing some pre-announcements, so there are a lot of cross currents.
blind dumb fame ticket
You have to be completely deaf, dumb and blind to think that anything with '.com' on it is your ticket to fame and fortune.
appears defense focus negatively race similarly since stocks tight tobacco toward turning
We're going to be winding down (earnings) and more focus will be turning toward the presidential election. However, there's not much one can do since the race appears too tight to call. On a poll-by-poll basis, you could see drug stocks impacted negatively or positively, with tobacco stocks and defense stocks similarly impacted.
actual bulls closer coming earnings expected fears hoping line results warning
We're getting closer to the earnings period, and the bulls are hoping that the actual quarterly results will be in line or better than expected and alleviate the fears that there's another warning coming in every night.
fun investors months trading visibility
I don't think we're in for Armageddon, but there's not going to be any visibility on earnings. So we've got months of trading fun and investors can go to the beach.
certainly corporate economy help
I don't think it's going to help the economy very much, and it's certainly not going to help corporate profits.
companies fourth key quarter report
The overwhelming key will be, as companies report, it won't be as much about what they report but what they have to say about the fourth quarter and 2001.