David Powers Quotes
When I started looking for a driver, I wanted someone who would be able to market himself and understand what the sponsors are looking for. But I also needed somebody who could win races. We found that in Rod.
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Started | Driver | Wanted | Market | Understand |
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I see us just trading sideways for a while.
- David Powers
When we talk with individual investors, ... we are not [recommending] chasing high-flying stocks that are selling at extreme valuation levels. Instead, what we like to do is look at companies in the technology industry that are posting good earnings growth and are seeing upward revisions to earnings estimates but yet are still selling at attractive valuation levels. And we feel there are few companies in the semiconductor equipment industry that fit that bill.
- David Powers
There's no real clear conviction in this market. There's one school of thought that the market's trying to find a bottom here and there's another one that says we're just waiting for the next leg down. I personally believe that we're going to trade sideways here for a while. I think there's really no catalyst either way to drive the market much higher in the near term or for that matter on the down side as well.
- David Powers
