Tony Dwyer
Tony Dwyer
acquire ahead cash companies environment leaders levels looking low stocks taken tech
They've taken some of these stocks down to really low valuation levels in tech and telecom and the leaders are going to come out ahead of the game. This is an opportunistic environment for any of those companies that have cash and are looking to acquire technology.
backing due following head worth
We're due for a week's worth of consolidation. Just some backing and filling. Following that, we can head higher.
deadline
The Dec. 8 deadline -- it's a geopolitical concern.
almost analyst backbone companies exceeded largest met products stock straight supply surprised voice
They supply almost all the largest telecom companies in the world with some of the backbone products for voice messaging and things of that nature, ... This stock has surprised analysts -- met or exceeded analyst expectations for 20 straight quarters.
bit buying depth manager process sees start telling
You're telling me an institutional manager is going to start buying because he sees a WorldCom exec going to jail. I'm not buying it. Hopefully, the process is a little bit more in depth than that.
gain imagine people percent thinking
You would imagine that after a 19 percent gain in Nasdaq and after people thinking about it over the weekend, that they'd be out there selling. But it ain't happening.
confidence earnings gm london
There's a confidence in earnings that is offsetting the other trends. If $62 oil, a downgrade of GM and bombings in London can't derail the markets, what can?
confidence earnings
There's a confidence in earnings that is offsetting the other trends,
accused good matter negative
There's a bias, because of the bubble-popping, to be negative no matter what after we've had a good rally, because you don't want to be accused of being too optimistic.
hope last meaningful move point time
This is that point where you hope for a bounce, but I don't think the time is right for a meaningful move up. I don't know if it's going to last through the day.
everybody market next people
This is a market where too many people have already bought. Everybody is already in, so who's going to be the next buyer?
assumption evidence looking negative people support turn
People are looking for something that isn't necessarily going to happen. They're making the assumption that things are going to turn negative and there's no evidence to support it.
buying headed higher people
I think we are headed higher over time. I think people should use any pullback as a buying opportunity.
clearly
I think we are going to get a pause. I do think that the Nasdaq has clearly overshot the fundamentals.