16 Quotes by Mark Cavallone

It will help because it separates the services area from the other businesses. Lucent always says their services are doing well, but it's been hard to say how well. From a carrier perspective -- which is where most of Lucent's sales are -- they're demanding more services to maintain their networks.

It makes sense that these companies will perform well. This is growth they haven't had in the past.

It's been a matter of lack of supply. At the beginning of the year, there were not a lot of pure Internet stocks. By the end of the year, with more companies going public, that pushed up the supply. Next year we'll see more companies go public. But it will be tough to distinguish the real Internet companies.

The Internet has emerged as a mass medium. The Ken Starr report was a big event. It points to the Internet as a mass medium more than ever before.

Interest rates will be the prevailing factor over the next couple of months. A rate hike has already been figured into valuations, but if we get an indication from the Fed that a few more rate hikes could be down the road, this rally could be very short lived.

Higher interest rates tend to make higher-value stocks look less attractive.

I don't think everyone will bounce back. Investors are clearly more discriminating about the stocks they buy. They're looking at the top-tier names, not just Internet names.