22 Quotes by Francis Gannon

I like Boeing, which people forget is actually a defense stock, ... I think the defense industry in general is an industry that has gone through its boon, its bust, its consolidation, and there's an enormous amount of operating leverage now at the bottom line.

If you go back and recall two years ago, when everyone switched from Pentium II to Pentium II, and now we're switching from P-II to Pentium III, you saw a lot of inventories be built up - customers putting off their buying.

The major trend in the market over the last couple of weeks has been uncertainty. Uncertainty about the Fed, uncertainty about earnings, and we're seeing a continuation of that today.

The market is due for some type of correction. I'm not going to be surprised if we see one, given the geopolitical risk.