20 Quotes by Marc Klee

We knew it was going to be a rocky opening after yesterday's earnings reports but I think it was a very encouraging day. Valuations are reasonable but the fundamentals are going to get better.

Euphoria can only go on for a certain amount of time. Eventually reality wins out.

This is not the industry it was five years ago. This is a healthy thing.

They are clearly lower risk now than they were.

It reflects the fact that this area has remained really robust.

It may have gone a little too far, too fast,

If you look at the dynamics of the business, they're continuing to grow, ... If you start building out the business mode, it's almost a cable company.

I really do believe it's time to buy and that's sort of a change of position for me. We've always felt that we have to test the bottoms that we've seen. We had a bottom April 4, and another a week ago, Friday. What you're seeing today is probably that test, and I really don't think the market is going any lower - I'm defining the market as the Nasdaq.

Cisco is one of my bigger holdings. But having said that, I would not buy the stock simply on valuation.