181 Quotes by Ned Riley

Competition's going to get a lot more intense, ... We know that one of the biggest products, Viagra, has been a blockbuster drug and there's more competition coming in next year. There's a new drug going to be introduced next year, and that supposedly has a much more effective impact on patients.

Enron is providing the counterforce right now. It's undermining a number of industries such as utilities, banks, insurance and energy companies.

Fears about the next scandal seem to have eased. It's not very exciting, but it's a period where a lack of news is almost good.

There was a combination of things that really depressed it. One was Hewlett-Packard's shortfall and we had a sympathetic sell-off using the political environment as a backdrop. Ironically, IBM remained the stalwart and it probably gave the notion of stability to the tech sector and we saw some people looking for bargains.

There's skepticism out there. Companies are extremely cautious about giving a decent outlook. They've set a much lower level of expectation for the public and the analysts out there.

There's no conviction over earnings. You're going to get this vacillation back and forth as we're in this bottoming process and it's going to take some time.

There's no conviction over earnings, ... You're going to get this vacillation back and forth as we're in this bottoming process and it's going to take some time.

Things like Dell Computer or Microsoft or Cisco Systems, all have one characteristic: They have enough cash to go through a period like this and come out smelling like roses,

The worst point of the tech cycle is probably upon us now, but the actual results and the commentary on earnings are no surprise. There's a selling exhaustion in regards to tech stocks. People are trying to focus on the road ahead. Looking forward; there is a lot of upside potential.