David Katz Quotes
At some point corporate profits are going to slow down, but the environment right now is very, very good... You have inflation that is very tame, you have interest rates -- even though they've gone up a little bit and might even go up a little bit more -- that are still fairly low, and you have corporate earnings that are coming in nicely, and even if they slow down, multiples aren't way out of line. 
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Point | Corporate | Profits | Slow | Environment |
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We like their long-term prospects. They're ahead of everybody else in terms of offering Internet services. They're also a wonderful credit card play and you're getting all that at about 13 or 14 times earnings with a pretty reasonable yield.
- David Katz
We think the recent sell-off has created some tremendous opportunities in the money center banks and the brokers, ... We'd be putting money into J.P. Morgan, which has had some lending to many of these companies that have had [accounting] problems. Citibank, we think, is going to do quite well and Morgan Dean Witter. So play off this negativity, buy some of these very good companies at very good prices.
- David Katz