David Beard People Quotations

On the other hand, people are living longer now. That is kind of the negative side. If people are living longer, these businesses won't grow all that fast.

We think pricing is going to be up in mid-single digits as early as June. People are not really looking at this at all. And historically, if you look at a price to sales multiple, this stock can trade as high as $40-to-$50 (per share),

Earnings warnings are backward looking; economic data are forward looking. People want to look forward.

Really, I expect the light volume to probably last until the Fed stops raising interest rates, and that will kind of depend on the economic outlook that we see, in terms of how much growth we have at the end of this interest-rate cycle. It really tells me that there is a lack of conviction from the buyers and a lack of conviction from the sellers, ... And it's somewhat psychological because people have their stocks, they're down, they don't want to sell them. And that's only been going on for, what, two or three months now? The real question is, after six or seven or eight months and stocks are still down -- will people start selling at that point? And maybe the volume picks up at that point.

That showed us that we can win and that people would now respect us.

You're still seeing people like Compaq worried about the quarter so you're seeing more pressure on high multiple stocks. The market is still trying to find a bottom but selling on continued fears of warnings.

The market opened down when people did a superficial analysis and saw that (HP) missed earnings. Once the conference call got going and you had a chance to read the press release, you got a different story. Hewlett's demand picture was good.