Marc Klee
Marc Klee
gone
It may have gone a little too far, too fast,
eight market months past selective seven since technology
I don't think we are going to see a big downdraft here. It's going to be a more selective market. It's been very easy, frankly, in technology over the past seven or eight months since the market bottomed in October.
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.
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.
bigger buy simply stock
Cisco is one of my bigger holdings. But having said that, I would not buy the stock simply on valuation.
correctly economy economy-and-economics fourth market saw
The market correctly saw that the economy was going to soften in the fourth quarter,