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...
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.
afraid bargain coming continue earnings federal hunters recession remain reserve saying seeing technology
Earnings continue to remain strong, even for the technology companies, so I think, with the Federal Reserve saying we're afraid of a recession more than inflation, you're seeing bargain hunters coming in.
ability earnings great performer terms
It's a great performer in terms of earnings ability,
select
They're going to be upwards, ... But it's only going to be in select sectors.
earnings economic momentum seems
There seems to be a lot of economic momentum and earnings momentum fueling this market.
expectation higher prices seems
Even with oil, the expectation seems to be that higher prices are something we have to live with for now.
factors
It's one of these choppy days, where there are a lot of different factors at play.
fact hoping maybe might people reason using
They said pretty much what people were expecting. Maybe some people were hoping that they might say something new, and are using the fact that they didn't as a reason to sell.
earnings margin operating percent rise run year
They run about 111 hospitals. It has about a 20 percent rise in earnings this year. Five- year projections are 20 percent annually. It's got operating margin around 20 percent.
although beginning believe concerned economy entering exuberance finally investors people rational seemed sight somewhat
Although people are somewhat concerned about where the economy is going, some rational exuberance is finally entering the market. Investors have been so pessimistic for so long that it seemed to be endemic, but people are beginning to believe there's an end in sight to all of this (bad news).
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.
bit company devices earnings expected framework grow growth justifies market multiple number percent somewhere sorts year
They make all sorts of devices for reconstructing your skeletal framework and they have a number of different businesses. This is a company that's expected to grow somewhere in the neighborhood of 15 percent a year and they're going to be up about 20 percent in earnings this year, ... Its got a price-to-earnings multiple a little bit better than market but it's got a better earnings growth rate, which justifies it.
access allow buy companies company continue enterprise expect high kinds market next secure stock systems technology week
They go into enterprise technology where they allow companies to access all kinds of systems in a secure mode. The company continually introduces products, ... We just jumped in, even at these levels, just about a week ago. We'll continue to buy this stock for many of our accounts. Our analysts are very high on it. We expect it to outperform the market over the next six-to-12 months.
clear concern earnings five profit quite taking today weakness
The weakness today doesn't concern me, ... There's a little profit taking after the five up sessions and there's some jitters over the dollar's decline, but I think it's pretty clear that the earnings are going to be quite good.