Ned Riley Win Quotations

I also feel very strongly that Procter & Gamble's strategy is not going to be linked only to Procter & Gamble, ... We will see other Dow-type companies that either have some economic sensitivity or a slowing of revenue growth start to announce restructurings.

These companies are actually growing, ... The whole group is growing somewhere between 10 and 13 percent relative earnings growth and the price-earnings ratios are about 13 to 14 times. It's one of the few groups out there that are actually selling at their growth rate in terms of price-earnings ratio. And, right now, it's strange -- people don't like the group. It isn't a hot group.

If the Fed is committed to slowing the economy, then I do think demand for technology will slow.

What we have now is an economy that's slowing down. I think we're going to see some cyclicality to tech earnings.

What we have now is an economy that's slowing down, ... I think we're going to see some cyclicality to tech earnings.

With the exception of the Dow, it (was) eerily quiet, waiting for Cisco's results. The Dow is clearly the strongest (today) and it's because there's still a lot of money flowing out of technology.

You had to be in tech to win in this period.