Quotations

«I just think you have to look for the better values to make money in the stock market.»

«I would sell the stocks that have that kind of multinational exposure. It's just like trying to catch a knife in mid-air. We don't know how far down it's going to go.»

«I think there's a lot of danger in just staying with the largest companies. The perception is that if you only buy the big stocks, they always go up. We've seen historically that that's not the case.»

«A lot of stocks have been left in the dust, a lot of very good companies that should be looked at.»

«Here's a classic case of a company that's been completely ignored.»

«These guys just made a deal with one of the large online providers of health care over the Internet. The company does over $600 million in revenue and generates almost $80 million of cash flow a year. So, it's really becoming a major player in the health-care information services sector.»

«A lot of their publications deal with the Internet, targeting professionals who write software for the Internet. So, in that way you're getting to play the growth in the Internet; the growth of programmers, so on and so forth, without necessarily being right in the fray of it all.»

«We like Quantum. The company's got $350 a share in cash and no debt, and it's generating a lot of cash flow. Storage has gone through a long period of decline, but we're seeing tremendous new demand coming in for storage every day. We think that pricing is going to improve, and these are companies with huge revenue bases where a nominal tick-up in the margin structure leads to tremendous profitability. We've got them earning over $4 (a share) over the next two years; the stock is at $12 right now.»

«You know, you always learn more in a bear market about what the new leaders are going to be than you will in a bull market. And in the most recent declines, certain segments within technology have held up very well and have shown excellent relative strength. This means that, basically, these stocks are not being dumped on a wholesale basis - they're actually being accumulated.»

«We bought some shares recently in a dot.com company that was absolutely annihilated after this recent rout, About.com ( BOUT : Research , Estimates ), which is the ninth-largest Web property of all Web properties. The stock dropped from 100 in late March, to a low of $21. This is a company with a real business model that had blowout first-quarter earnings. And they are actually going to turn a profit in 2001. Investors went from 'everything Internet is good', to the 'everything Internet is bad' mantra. So now you've got to do your homework and look at individual names and identify the business models that are valid. And I think this is one that can go back to its old high.»