Michael Holland
Michael Holland
asset both management owning positions reasonable
Both owning asset management and not owning asset management are reasonable positions to take.
continue earnings fear good news numbers shall
The earnings numbers continue to be really lousy, ... When you have this kind of carnage, fear replaces greed, but the good news is that this too shall pass.
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.
call industry securities west wild
It's the wild, wild West of the securities area, I wouldn't even call it an industry there.
anyone earnings few great next weeks
It was a precursor to a great earnings season. I think the next few weeks are going to be better than anyone expects.
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.
bit expect gore president rally relief vice
I think there's a possibility that after Vice President Gore makes his comments, I would expect a little bit of a relief rally tomorrow.
bad good guys
The bad guys lost, the good guys won.
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.
market midst predicted reactions since sort stock strong upside
We have been and are probably in the midst of some sort of significant recession, ... The stock market predicted it ? it's already down. Since the market has already priced in the recession, we get these really strong reactions on the upside when there's a glimmer of anything positive.
move next october
We've come from 7,500 in October to 10,000 shortly thereafter, ... I think the next 2,000-point move is not back to 7,500 but up 2,000 points.
close coming earnings reaction remaining terms
We're coming close to the end of earnings season. But the remaining earnings that are coming up will be important in terms of the reaction to them.
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.
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.