Charles Pradilla
Charles Pradilla
america anybody aol horizon internet million online pay pick sure
Anybody with a long horizon has to be in the Internet one way or the other. The one they would pick which I would reiterate is America Online ( AOL ). It is a real company, It has real earnings, it sure ain't cheap, but I think that 21 million subscribers will pay off down the road.
enron market struggling
I think the market is struggling from the Enron affair.
actions feeling
I think there's a feeling that the Fed's actions are going to work. So it's not if, it's when.
assume fed succeed
If you are a competitive investor, you've got to assume the Fed will succeed in re-igniting the economy.
bear believe bull firmly market problems roaring starting
This is a very anemic recovery. It has a lot of problems with it, and we don't have dirt-cheap valuations. I firmly believe the bear market is over, but this is not going to be a roaring bull market, and I think we're going to see a lot of interruptions and halting and starting before we get a consistently better market.
amazon best entire estimates franchise hurts meeting perhaps sector tech trouble
Amazon has perhaps the best franchise in the sector and they are having trouble meeting revenues estimates ... and that hurts the entire tech sector.
area both care commercial companies dead defense fiber knocking leaders looking particular represent taken three wireless
Boeing is a turnaround. They've taken care of a lot of glitches and now both the commercial and defense area is looking awfully good. Nortel is just knocking them dead in both wireless and fiber optics. They are both very important areas. And all three companies represent leaders in their particular industries.
fed opinion
More and more strategists are of the opinion that the Fed may be completely through.
asia correction last problem raising tremendous until week
I think we are in a correction that was way overdue. There has been tremendous complacency by strategists about the Asia problem and even up until last week everyone was raising their targets. The Asia problem is real.
lows test whether
We've had a real rally. Whether we go back and test the lows again, that's really the question.
couple healing process
We are in a healing process which will take a couple of months.
capital healing high lengthy mediocre needed period recovery
With scandal-ridden capital markets, a mediocre recovery and still high valuations, a lengthy bottoming and healing period is needed before we get a substantial upturn in equities.
clearer companies money until upside
We're not going to see a significant upside until we get a clearer sense of how companies make their money and how it is accounted for.
bursts good news tech
There are these little bursts of good news in the tech area.