Peter Cardillo Quotes
What we're going through is a market finding itself in a very nervous state and is preparing itself for third-quarter earnings... As we wait for the earnings to come out, the market feels the weight of the continued carnage in 'new economy' stocks. Dell's announcement was certainly no help in reversing market psychology.
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Market | Finding | Nervous | State | Preparing |
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Here is a classical story of a stock that is trading under book value. AT&T, the same thing. I believe it is up 4 or 5 points from its low and basically trying to stabilize at these levels, when it is all said and done, it still probably will be the leader of the pack. Again, a company selling under book value.
- Peter Cardillo
