13 Quotes by Paul Meeks

We're in a skittish market and the last thing you want to do is surprise investors.

I think we have to get through this period that we're in right now. Companies that don't prerelease will make the numbers. Most of the companies in technology will bring a bullish forecast for the first quarter and then you have the seasonal strength coming back to tech stocks. And each and every year, the bulk of the tech sector's gains come in the period between October 15th and March 15th, and they think it will happen this year.

Well, everybody knows I used to work there, so I think I know the company pretty well. I also have stock and options from my days as an employee.

We don't know when (that revival will be) and that makes it very worrisome.

We've had a massive revaluation of high-P/E stocks that may have sterling fundamentals, but people say 'I am not going to pay those prices anymore.' So, they might be more willing to pay for stories that are clean but that also have a valuation basis.

I've been light on personal computer stocks for some time because of the secular trend which I think is negative towards the PC vendors. I believe units will continue to grow worldwide at about 15 percent per year, but average selling prices, now with the advent of the $200 and $300 box, are stopping like stones, and I don't see that changing anytime soon.

Storage has been a very strong market and this company is definitely a leader.

The bottom line on these conference calls is that the outlook is not going to be rosy.

I'm revising my outlook now. I'm thinking hopefully we're through the worst.