Michael Holland
Michael Holland
bias both brought financial humor journalism level looked replace sides toward
He has been a financial institution. No one can replace him. He brought financial journalism to a new level with his trademarks of honesty, humor and fairness. He always looked at both sides of the issues. His only bias was toward optimism.
companies confidence growing ibm plans recently shown
IBM is benefiting from a growing tailwind. The confidence shown recently by companies in their IT plans augurs well.
closer couple last looked market time weeks
Every time in the last couple of weeks that this has looked closer to a resolution, the market has done better.
asset both management owning positions reasonable
Both owning asset management and not owning asset management are reasonable positions to take.
government numbers period rather somewhat weak
The government numbers are often lagging indicators rather than coincident indicators. I think there will be confirmation that we have a somewhat weak period right now.
fisher george great happened joined problem
When Mr. Fisher joined Eastman Kodak, I was a shareholder with great anticipation that he would take a technological problem and make it into a technological opportunity, ... Lou Gerstner did that at IBM. I thought there was a possibility, actually a probability, that we'd get that out of George Fisher. Unfortunately it hasn't happened yet.
looking market news people reasons refused resilient
When the market refused to acquiesce (to Cisco's news), that was uncharacteristically resilient of this market, ... People are now looking for reasons why the market isn't doing more.
becomes bit confidence extremely irrelevant last less market people point several smaller truly
Each 1,000 point market becomes less important because the percentages get smaller and smaller, so they have become truly irrelevant in some measure, ... But (10,000) is extremely important because a lot of people who have had a little bit of shaken confidence over the last several years (are probably going to) come in here.
alan believe five followed fulfill hike history increases less objectives possibly unsettling
Alan Greenspan's history is being a gradualist. Having done five quarter-point increases in less than a year, another quarter-point would fulfill one of his objectives of not unsettling the markets. That's why I believe there will be a quarter-point hike in May, possibly followed by another in June.
dust good history inclined looking market news number people sell
A number of people were looking for the good news that occurred, ... When the dust settles, people also say, history argues for the market going up. So people who may have been inclined to sell just don't.
basis built market points price
I think 50 basis points is built into the market price structure,
continue investors signals wait
Investors continue to wait and see if there is anything that signals a bottom,
bet companies decent funds history looking name people price push stock
In companies like this, people are looking for change, ... The hedge funds come in and they're going to bet that this is something that will push the stock price up. And it's a decent bet. Icahn's name is important because of the history that he will get something done.
bad good guys
The bad guys lost, the good guys won.