Tony Dwyer
Tony Dwyer
buy certainly cheapest fits individual instead internet rather relative store street theory
Our theory in the Internet is buy the street, not the store, ... We'd rather own the street instead of just an individual store on the street. And Earthlink certainly fits that bill. And again, relative to the other stocks, it's the cheapest in the group.
buying decline lack limited market percent pull rally selling total
We could pull back a bit, but it will be limited to about a 5 percent decline and it will be quick. This market rally has not been about buying interest, but about the total lack of selling interest.
business companies excellent fare given internet subject sun technology type
Technology should fare real well, given all the business being done on the Internet right now. Those subject to the Internet, like a Sun Microsystems, those type of companies should have excellent earnings.
kidding sidelines sit
You don't know how this is going to end. No kidding we're going to win, but how are we going to win? There's nothing to do but just sit on the sidelines and pray.
buy cash flow higher low move
Cash flow estimates, we think, are too low and we have a buy on the stock; we think it can move higher here.
bad brings cnn figure fox happen market means msnbc nobody picture stream takes technical totally
Nobody can figure out what's going to happen with the market -- they're all guessing. Let's say CNN or Fox or MSNBC brings up a picture of a GI in a bad situation. The market takes a dip. Is that a fundamental or a technical move? No, it's a war-driven, live-video stream move, which means it's totally unpredictable.
entertainment exactly growth industrial investors realize sector steel stocks
What's important for investors to realize about the Dow is it's not just steel stocks and industrial-related stocks. There are growth stocks. There are financial, entertainment and industrial stocks. So when one sector isn't doing well, another sector may be doing well. And that's exactly what's propelling the Dow.
beaten companies corporate economic economy expecting market negative news picture profit reports weak
We've had a market where negative news on the economy and the corporate profit picture have dominated. Companies may have beaten lowered estimates, but we're expecting weak economic reports this week.
There are a lot of gut-wrenching, earnings-driven disappointments that you have to wade through to be able to come out the other end,
bit good market moderate normal pace profit run taking time
Nothing for the time being suggests more than a moderate pace of rate hikes. There is a bit if nervousness out there. The other thing is that the market has had a good run and this is a normal pullback with a little bit of profit taking going on.
broad buyer earnings grown next stock stocks
Earnings have grown much more than stock prices. I would be a broad buyer of stocks for the next year.
dominate everybody traders volatility year
Everybody is done with the year now, so it's just going to be traders that dominate the tape. I think that you're going to see a lot of intraday volatility without much real movement.
clearly expect higher impact negatively rates stocks
Stocks are clearly under pressure. You would expect the higher rates to negatively impact the consumer.
It's just a proposal. Today's the presentation, but then they have to get it through.