Marc Klee
Marc Klee
bottoms felt market seeing test today
We've always felt that we were going to have to test the bottoms that we've seen. We think what you are seeing today is probably that test and we really don't think that the market is going much lower.
business corporate oracle stored
More and more software, more and more corporate business is going to be stored and done over the Net, ... And that's where Oracle could do very well.
feeling gut
My gut feeling is the Nasdaq has made its low.
actual began coming few hard hit last obviously people quarters realize september stocks tech
Obviously the tech stocks have been hit hard over the last few weeks, but I don't think most people realize that this actual downdraft began in September of 1995, ... These stocks have been getting hit now for 6 consecutive quarters and they have underperformed the market. I think most of its coming to an end.
commodity companies device economy economy-and-economics integrated technology
Those are the ones that are very cyclical, and the economy has a big impact, but they become very cheap, ... Companies like some of the commodity semiconductors, the integrated device technology types.
earnings knew opening reasonable reports rocky
We knew it was going to be a rocky opening after yesterday's earnings reports but I think it was a very encouraging day. Valuations are reasonable but the fundamentals are going to get better.
almost building business cable continuing dynamics start
If you look at the dynamics of the business, they're continuing to grow, ... If you start building out the business mode, it's almost a cable company.
amount certain euphoria eventually reality wins
Euphoria can only go on for a certain amount of time. Eventually reality wins out.
fall feeling good phase slow summer transition
I have a feeling that things are going to slow down, with more of a transition phase this summer and we're going to have a very good fall and winter.
five healthy industry
This is not the industry it was five years ago. This is a healthy thing.
clearly lower risk
They are clearly lower risk now than they were.
area fact reflects remained
It reflects the fact that this area has remained really robust.
gone
It may have gone a little too far, too fast,
april believe bottom bottoms buy change defining felt lower market position seeing sort test time today week
I really do believe it's time to buy and that's sort of a change of position for me. We've always felt that we have to test the bottoms that we've seen. We had a bottom April 4, and another a week ago, Friday. What you're seeing today is probably that test, and I really don't think the market is going any lower - I'm defining the market as the Nasdaq.