Michael Cohen Companies Quotations

Most tech companies are excited about the opportunities in front of them, maybe more excited than they should be. It's more likely that tech companies paying dividends already may increase them as opposed to many tech companies paying new dividends.

If inventory continues to build going out a few quarters and companies that are planning for better demand don't get it, then that would be a concern.

Those types of announcements don't make the news but layoffs of any sort do. I think we're at a stage where healthy companies are hiring but that there is still a shakeout with some of the weaker companies.

Those types of announcements don't make the news but layoffs of any sort do, ... I think we're at a stage where healthy companies are hiring but that there is still a shakeout with some of the weaker companies.

Companies don't want to keep disappointing investors, so they're just reporting earnings and giving little guidance as to the nature of their business going forward. Companies used to give indications for a year out. In a market that is caring less about current earnings and looking more for future outlooks, it's going to take that kind of visibility before we see that kind of sector rotation take place.

Cisco, Intel and Microsoft are the three biggest companies in terms of their impact on the market. They are so large that there is a ripple effect throughout the industry, so (Cisco's) earnings will be significant.