28 Quotes by John Manley

It was clearly wrong to assume that this would be a walkover, ... but now I think the market is being a bit too pessimistic.

It's a very cheap company in the sense that if you look at multiples on both sales and earnings, it's slightly less than a market multiple, ... For 40 years this company's been near the cutting edge of technology. And more than any other technology company, you're seeing acceleration in earnings.

They are (trading) at a 40 percent discount to the market, ... That's a pretty big discount.

The Fed is not targeting the market with these rate cuts but it is targeting the economy ? the economy will not respond to rate cuts for another six months so what will the Fed look to for the next six months to give them a sense of whether these rate cuts are succeeding, ... My answer is 'the market'. Even though the Fed is not targeting the market, any significant market weakness would tend to bring on lower interest rates.

If I had to pick a number, I'd say probably around 5600,

These are not outrageous numbers. You just have very easy comparisons from a terrible point in time.

The idea is to invest it early in the year. There's a reason for money to go into the market in January, and that's what tends to give January the reputation for being strong.

The fact that the bond market is rallying today is a plus. If this ends up being a bear market, it will be one of the first ever that began when interest rates are down.

Both cream and scum can rise to the top, unfortunately. This lower-quality stuff that's going higher isn't doing it on fundamentals.