Michael Carty
Michael Carty
Michael Cartywas an Irish Fianna Fáil politician. Born in Loughrea, County Galway to Lawrence and Josephine Carty, he was the eldest of seven children. A schoolteacher by profession, he was first elected to Dáil Éireann as a Fianna Fáil TD for the Galway South constituency at the 1957 general election. From 1961 to 1969, he represented the Galway East constituency, and from 1969 to 1973 the Clare–Galway South constituency. He retired from politics in 1973...
believe fund managers
I think most fund managers are saying, 'I have to see it to believe it,'
basically events held
We are basically being held up by geopolitical events,
good great moved overall premium price question
I think for the shareholders overall it would be great if they could be moved into Alcatel. At least they would come up with a premium price that Alcatel would pay. It would be good for the shareholders, but the question is, will it actually happen?
action afraid market people point stock
I think the stock action has been very positive. It's getting to the point where people are more afraid of being out of the market than getting in it.
bad conversion everybody fairly keeping power woke
Today, American Power Conversion Corp., woke us up with a fairly bad report, and I think that's what's been keeping everybody bothered,
bargain buy company stock sure willing
If a company is so sure that their stock is a bargain that they're willing to buy it back, that's reassuring.
market people problem reluctant starting
Sentiment, generally, is the big problem now. Even as market fundamentals are starting to improve, people are reluctant to buy,
basis bears bit people points rates rise worried
Some bears had implied that rates will rise by 50 basis points tomorrow, and some people were a bit worried about that.
alan chairman people says
What (Fed Chairman Alan Greenspan) says is going to be very important because people like to read between the lines.
factors
It's one of these choppy days, where there are a lot of different factors at play.
expectation higher prices seems
Even with oil, the expectation seems to be that higher prices are something we have to live with for now.
action cuts fed quarter rose stocks
Stocks rose sharply after the Fed cuts in the first quarter of 2001. So Fed action now could help.
hit range remains takes trend
It's been a choppy period, where it takes a hit one day and then bounces back the next. We're in a range here, but I think the trend remains upward.
ability earnings great performer terms
It's a great performer in terms of earnings ability,