David Beard
David Beard
David Beardis an Australian volleyball player, who twice competed for the Men's National Team at the Summer Olympics: Sydney 2000 and Athens 2004...
backward data earnings economic forward people
Earnings warnings are backward looking; economic data are forward looking. People want to look forward.
early high looking people price pricing sales stock trade
We think pricing is going to be up in mid-single digits as early as June. People are not really looking at this at all. And historically, if you look at a price to sales multiple, this stock can trade as high as $40-to-$50 (per share),
businesses grow living longer negative people
On the other hand, people are living longer now. That is kind of the negative side. If people are living longer, these businesses won't grow all that fast.
people respect win
That showed us that we can win and that people would now respect us.
buyers conviction depend economic eight expect fed growth interest lack last light maybe months outlook people picks question raising sell selling seven six somewhat start stocks stops tells terms three until volume
Really, I expect the light volume to probably last until the Fed stops raising interest rates, and that will kind of depend on the economic outlook that we see, in terms of how much growth we have at the end of this interest-rate cycle. It really tells me that there is a lack of conviction from the buyers and a lack of conviction from the sellers, ... And it's somewhat psychological because people have their stocks, they're down, they don't want to sell them. And that's only been going on for, what, two or three months now? The real question is, after six or seven or eight months and stocks are still down -- will people start selling at that point? And maybe the volume picks up at that point.
bottom continued fears high market multiple people pressure quarter seeing selling trying worried
You're still seeing people like Compaq worried about the quarter so you're seeing more pressure on high multiple stocks. The market is still trying to find a bottom but selling on continued fears of warnings.
analysis call chance conference demand market missed opened people picture press saw
The market opened down when people did a superficial analysis and saw that (HP) missed earnings. Once the conference call got going and you had a chance to read the press release, you got a different story. Hewlett's demand picture was good.
actual buy cheap combine guidance high numbers ok quarter stocks tech tend weak
You have to take the actual numbers and the guidance and combine the two. I tend to think if the high p/e (price-to-earnings ratio) stocks have a weak quarter, and even if they have ok guidance, they're going to get killed. But if there are cheap tech stocks that have a weak quarter and so-so guidance, they're probably the ones to buy first.
leg next order
I think we've anticipated that the economy's not getting worse, ... But in order to see the next leg up, we need to see a significant upturn in (2002 profit) numbers.
build drive gave goal improve last year
Last year gave us confidence, but it also gave us a goal and drive to build on to improve this year.
added brings experience great high school share spirit sports team
It brings added spirit to the team and it's a great experience to share your high school sports experiences with your only brother.
continues correct flat market percent quicker saying tread year
I think the market is saying that the Dow has been flat for a year. If you look at the Nasdaq, it's up 40 percent year to year. And so the Nasdaq is going to correct probably quicker than the Dow, or the Dow will tread water, while the Nasdaq continues to come in.
compete country games olympic opportunity represent
To compete in the Olympic Games has always been a dream. The opportunity I have to represent my country at them is unbelievably exciting.
build coal companies energy half looked mine rails transport
We looked at a big infrastructure theme, and we started really with the energy infrastructure system, ... We own coal companies that mine the coal. We own the rails that transport the coal. And we own the construction companies that build coal plants. Coal is half of our energy.