Marc Klee
Marc Klee
commodity companies device economy economy-and-economics integrated technology
Those are the ones that are very cyclical, and the economy has a big impact, but they become very cheap, ... Companies like some of the commodity semiconductors, the integrated device technology types.
bottoms felt market seeing test today
We've always felt that we were going to have to test the bottoms that we've seen. We think what you are seeing today is probably that test and we really don't think that the market is going much lower.
earnings knew opening reasonable reports rocky
We knew it was going to be a rocky opening after yesterday's earnings reports but I think it was a very encouraging day. Valuations are reasonable but the fundamentals are going to get better.
actual began coming few hard hit last obviously people quarters realize september stocks tech
Obviously the tech stocks have been hit hard over the last few weeks, but I don't think most people realize that this actual downdraft began in September of 1995, ... These stocks have been getting hit now for 6 consecutive quarters and they have underperformed the market. I think most of its coming to an end.
amount certain euphoria eventually reality wins
Euphoria can only go on for a certain amount of time. Eventually reality wins out.
eight market months past selective seven since technology
I don't think we are going to see a big downdraft here. It's going to be a more selective market. It's been very easy, frankly, in technology over the past seven or eight months since the market bottomed in October.
fall feeling good phase slow summer transition
I have a feeling that things are going to slow down, with more of a transition phase this summer and we're going to have a very good fall and winter.
certain extent quite stocks
I think to a certain extent it's a bounce. These stocks have been down quite a bit.
correctly economy economy-and-economics fourth market saw
The market correctly saw that the economy was going to soften in the fourth quarter,
feeling gut
My gut feeling is the Nasdaq has made its low.
five healthy industry
This is not the industry it was five years ago. This is a healthy thing.
area fact reflects remained
It reflects the fact that this area has remained really robust.