Ned Riley
Ned Riley
biggest coming competition effective impact introduced next supposedly
Competition's going to get a lot more intense, ... We know that one of the biggest products, Viagra, has been a blockbuster drug and there's more competition coming in next year. There's a new drug going to be introduced next year, and that supposedly has a much more effective impact on patients.
energy enron industries insurance number providing
Enron is providing the counterforce right now. It's undermining a number of industries such as utilities, banks, insurance and energy companies.
cash computer microsoft period
Things like Dell Computer or Microsoft or Cisco Systems, all have one characteristic: They have enough cash to go through a period like this and come out smelling like roses,
actual commentary cycle earnings exhaustion focus looking people point regards results road selling tech trying upside worst
The worst point of the tech cycle is probably upon us now, but the actual results and the commentary on earnings are no surprise. There's a selling exhaustion in regards to tech stocks. People are trying to focus on the road ahead. Looking forward; there is a lot of upside potential.
recovery road rocky
The rocky road to recovery has some potholes.
earnings investors leader light looking needs reports technology though
Technology needs to be the leader on the way up, because it was the leader on the way down. Even though the earnings reports are miserable, there's a light at the end of the tunnel. That's what investors are looking at right now.
august bears sharp shows vacation
Today's sharp selloff shows that there were more bears on vacation in August than we thought, and they've come back nasty.
decided demon last market punish session
A demon in the market decided to punish us on the last session of the year.
almost fears lack news next period scandal seem
Fears about the next scandal seem to have eased. It's not very exciting, but it's a period where a lack of news is almost good.
depressed environment gave ibm looking notion people political remained saw sector stability tech using
There was a combination of things that really depressed it. One was Hewlett-Packard's shortfall and we had a sympathetic sell-off using the political environment as a backdrop. Ironically, IBM remained the stalwart and it probably gave the notion of stability to the tech sector and we saw some people looking for bargains.
advocate attention cannot clearly daily discern downs money next pay people stress strong terms trends ups week weeks
A lot of people should not pay attention to the ups and downs daily because clearly they cannot discern the next week or two weeks in terms of trends in the markets. Where do you want to put your money long term, and I stress long term. We always advocate a very strong diversification.
higher issue stocks year
A lot of these stocks were much higher a year ago than they are today. Clearly, the bottom-fishing issue is important and real.
confidence fears judgment lack throes
There wasn't enough in my judgment to alleviate the fears that we are in the throes of a lack of confidence in the market.
difficult felt further package policies stimulus tax together
There was disagreement about tax policies and the need for further stimulus was at issue. O'Neill felt there was no more need for stimulus and it would have been difficult to get a tax package together without unanimity.