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Letter "P" » Paul Wick Quotes
«Last year was a year of unprecedented volatility. The euphoria is gone and we're back to reality.»
«Instead of generating cash, they're burning cash. We are not jumping into Internet stocks at these valuations. I think the Internet sector is going to continue to sink.»
«You'll see a lot of stocks take it on the chin. It's happening to dozens of Internet companies.»
«I'm quite optimistic that the year is going to be a good one and a strong rebound year on the heels of a number of Fed rate cuts. With the Internet bubble bursting, you're not going to have the daily crazy moves we had.»
«The chip industry is on fire now. It looks pretty apparent we're in the early stages of an upturn in the entire semiconductor industry.»
«It's like having the wind at your back.»
«Everyone knows Microsoft is the best company in America. Yes, it's expensive. But the earnings are always highly understated and they're generating billions and billions of dollars in free cash flow.»
«They are among the three most profitable software companies in the high tech industry.»
«This would expand (AT&T's) reach.»
«That's one of the reasons we are now a little less aggressive in terms of running with enormous weightings in any sector.»