Jon Burnham Quotes
Your high-tech companies won't be hurt very much at all (by tighter credit) but your retail companies will be hurt.
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High | Tech | Companies | Hurt | Tighter |
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I think that individuals should buy companies where they see 15-to-20 percent growth coming back down the road. Obviously it's not going to happen this quarter, or next quarter even to most of the very best companies because we're in an unprecedented period right now.
- Jon Burnham
In terms of stocks, GE is the biggest problem today, as is the American automobile sector... You've got Ford trading at $7 a share, that's practically bankruptcy level for a company that is not in danger of declaring bankruptcy. And when GE, one of the great, major companies of the world is down, it has a big impact on the psychology.
- Jon Burnham
