Kate Warne Quotations

But beyond that, when you look at the pattern of trades for the day, it was basically positive but sort of lackluster. I think everybody's waiting around to see what happens next week and nobody wants to move a lot in front of the Fed meeting on Tuesday.

Basically, today is all Nortel. Other things would have come out flat if weren't for Nortel,

Basically what we're seeing is stocks that reported expected or better than expected first-quarter earnings have moved up, while any company that has really disappointed has gotten slammed. The market is looking for direction.

Basically, all of the companies that have been doing the best this year, in terms of the major leaders, the large caps, really saw a big pull-back today.

People just got very nervous about technology all of a sudden. After a rally earlier in the day, the Nasdaq just begun to drop.

People have just been waiting for the end of bad news. They may not be right, but at least they're hoping we've seen.

This would be the wrong stage to be suddenly raising rates a lot because the reaction to the earlier rate increases just hasn't occurred yet.

I think it may just be broader concern rather than a focus on what's happening to interest rates. Many of these sectors haven't done well and it's not clear what will turn them around, ... It's a little surprising the financial services are down. Although, they would be mixed on (Greenspan's) message, I would expect them to be a little more a positive.

I think it and the others will benefit as we see higher profits from the refining segment as well as from the oil production segment of their business. At Edward Jones, we're long-term investors, so we actually don't set target prices. But I think definitely the stock has room to rise. And I think the merger with Mobil ( MOB ) will in fact provide a bump in the stock price later this year.

I think (investors) are sort of sitting on the sidelines, thinking there will be better values in a few weeks. (Investors are) searching for where can we put money that won't get hit in the short term.