Jon Burnham
Jon Burnham
earnings rise whether
I think the earnings are going to be better than expected, but I don't know whether the market's going to rise on that.
build expect good higher market moving shape whether
Whether we build on the 10,000 or not, I think the market is in good shape and I expect it to keep moving higher through the end of the year.
buy inclined might
What's really worrisome is what Mr. Spitzer is going to do next, ... I don't know what wrongdoing AIG might have done. I would be very inclined to buy more of AIG but I don't know what Spitzer has up his sleeve.
cash commodity company flows great question tremendous whether
The question about Dell is whether this is a commodity business. But this is a company with little debt, tremendous cash flows and a great reputation.
certainly growth percent quarter seeing third
We won't see 15 percent growth like we're seeing in the third quarter (of 2005), but I think certainly low- to mid-single digits.
billions company earning estimates expensive four great ibm internet next others plays research three
IBM Â ( IBM : Research , Estimates ) is another company which I think is one of great Internet plays in the next three or four years, and one of the differences between IBM and others is they're earning billions of dollars. So I think IBM can be bought. I don't think it's expensive here.
change stocks strong tech
The tech stocks are pretty strong and we won't see much change in that,
action bear bleak describe market people time
In a word, I would describe the market action right now as 'Yuck,' ... We're in a bear market for the time being. Things are pretty bleak and people are overreacting to every little thing, but this will pass.
fed interest rates reduce
The Fed is our friend. They are going to reduce interest rates by as much as they need.
company earnings growing
Cisco is a real company with real earnings and growing revenues,
lift market markets move strong trading weaker
If not for the strong earnings, I think the market would be a lot weaker than it is. But that's not enough to lift the market out of a trading range. There's just too much uncertainty for markets to move higher.
automobile bankruptcy biggest companies company danger declaring ford impact level major problem terms trading
In terms of stocks, GE is the biggest problem today, as is the American automobile sector, ... You've got Ford trading at $7 a share, that's practically bankruptcy level for a company that is not in danger of declaring bankruptcy. And when GE, one of the great, major companies of the world is down, it has a big impact on the psychology.
unknown
The big unknown in this is the geopolitical situation,
cuts earnings expected improving interest lower reaction stock tax trend whether
Earnings are expected to be good, and whether you see a stock reaction right away or not, we're still in an upward trend overall, powered by the earnings, the lower interest rates, the tax cuts and the improving economy.