Joseph Battipaglia Companies Quotations

One of the main focus of course, is earnings, and it never helps when companies are warning about declining profits.

Whenever companies come out with warnings, it reminds investors about the perilous nature of the earnings environment at the moment,

We sold off pretty heavily in January coming off last year's rally, and I don't think we'll see as much of that in 2006. This year's start could be a little more bullish, and you still have lots of companies sitting on a lot of cash that can be put to use in 2006.

The techs on balance have put in a fairly decent performance, ... We're getting a sense that there's a bottoming going on in the semiconductors. Some of the bellwether companies like Cisco are talking about a better environment in the future.

The big-cap technology leaders are doing reasonably well, ... I still believe technology companies will provide leadership. They will be followed alongside by pharmaceuticals and financials.

The market is being very rational where it's placing capital and the companies that can grow their unit volume, get revenues and earnings going at a 30 to 40 percent clip are being rewarded accordingly, ... I see nothing irrational about it.