Kate Warne Quotes

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. - Kate Warne

At the same time people are now focused on May 16 -- and is that bad news for tech stocks? - Kate Warne

At some point, people are going to say 'If Lucent keeps reporting that everything is bad, how long can Nortel continue to look good?' - Kate Warne

Any nervousness about Cisco translates into Nortel and all other high quality technology stocks and into some of the smaller riskier ones as well. - Kate Warne

Any little signal like this can lead people to sell first and to think about it later ... and it's partially a response to nervousness over whether the good times can continue. - Kate Warne

Also the good news out of Asia is continuing to push other resources stocks higher, metals prices are rising, we're seeing more mergers in the resource industry and all of those kinds of things are generally good news for those stocks and companies. - Kate Warne

All of the normal sectors were people beginning to worry about interest rates and about future profitability and future growth, they really dropped. - Kate Warne

After several days being increasingly optimistic, particularly in the chip sector, investors are now pulling back somewhat wondering if they have again jumped the gun. This kind of erratic move is typical when sentiment is shifting negative to positive. - Kate Warne

A Combination of Nokia saying it wouldn't do well in the third quarter, which seemed to hit all of the tech sector, the end of the Nortel Corning talks, and I think the market overall got nervous about what might happen in the future. - Kate Warne

(The TSE 300) started sliding at the beginning and it just kept sliding. Nortel accounts for most of it but you have Seagram pulling back, techs took a big hit. It's pretty much across the board. - Kate Warne

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