28 Quotes by Ram Kolluri

Unless there is a dramatic, clear-cut winner, which at this point is not statistically likely, there is little chance of this being resolved right away. I think both sides are automatically primed to challenge certain results.

Yesterday, a couple companies came in and surprised us. At this point in time, I'm inclined to take profits. I feel that we are fairly valued.

We're looking at the headline news, but the market is being supported by the girders of the economy, a basic, strong foundation, ... I don't expect a dramatic rally from here, but we are very much on track for a high-single-digit, low-double-digit total return for the year.

SDL is a component supplier. They supply a lot of materials to Nortel Networks and they're a nice story in the optical fiber equipment, ... ... optical fiber investments will raise from 3 billion in 1999 to approximately 15 billion in 2003. Globally the demand is going to be $40 billion for year 2003. And these are the people who are going to supply all the equipment.

Short-term, the market is looking for an excuse to sell off. Year-to-date, you've got the Nasdaq up almost 46 percent, the Dow up nearly 20 percent, the S&P 500 up 22 percent, and there's a bit of a 'take the money and run' sentiment.

Basically we're trading sideways until there's an indication of corporate spending and of earnings picking up. Institutional investors are buying and selling, but the individual investor is still on the sidelines.

We're off to the races, and the market seems to be saying that we're going to see an economic recovery. I'm in the camp that we're beginning to see early indications of an economic recovery.

We are experiencing these extreme levels of fear, with investors saying that they are not interested in hearing any positives, like the retail sales this morning, and that they want to throw the baby out with the bathwater. The silver lining is that this kind of panic is historically the classic feeling when a bear market is at its bottom.

Today is a digestion period after yesterday's rally. I don't see a big follow-through. But the momentum suggests that the direction is up. There's a lot of cash still sitting on the sidelines.