Michael Holland Quotations

We loaned the money to the church, not to him.

IBM is benefiting from a growing tailwind. The confidence shown recently by companies in their IT plans augurs well.

We've come from 7,500 in October to 10,000 shortly thereafter, ... I think the next 2,000-point move is not back to 7,500 but up 2,000 points.

We have been and are probably in the midst of some sort of significant recession, ... The stock market predicted it ? it's already down. Since the market has already priced in the recession, we get these really strong reactions on the upside when there's a glimmer of anything positive.

It's the wild, wild West of the securities area, I wouldn't even call it an industry there.

I think 50 basis points is built into the market price structure,

We're coming close to the end of earnings season. But the remaining earnings that are coming up will be important in terms of the reaction to them.

When Mr. Fisher joined Eastman Kodak, I was a shareholder with great anticipation that he would take a technological problem and make it into a technological opportunity, ... Lou Gerstner did that at IBM. I thought there was a possibility, actually a probability, that we'd get that out of George Fisher. Unfortunately it hasn't happened yet.

Both owning asset management and not owning asset management are reasonable positions to take.

I think there's a possibility that after Vice President Gore makes his comments, I would expect a little bit of a relief rally tomorrow.