9 Quotes by Rick Berry

He is the president. We have to respect the office. But I don't respect the man.

I think the government means business this time. Also, their stock is trading at 18 times their revenues -- it's extremely overvalued.

There are a lot of negative things that could happen that could surprise the market and, in my opinion, and lead to a real downswing.

This is not a surprise, based on their last earnings disappointment. I think they're a one-product company and somewhat of a status company. We expect more of the same in quarters to come.

This market is not moving on fundamentals. There's an incessant flow of money, and you have a lot of stocks at excessive valuations. Once the flow of money subsides, you can look for a severe correction.

It probably won't be as popular as Microsoft stock.

There's too many alternative ways to buy computers.

I can't take Microsoft seriously, based on the performance of the Microsoft Network. The Microsoft Network failed miserably. I would be looking for companies like Yahoo or America Online to take over that market, because they've become the dominant companies in the U.S., Europe and Australia.

I don't think there is a compelling reason to be in equities right now. I would be actually sitting on cash, looking for a better entry into the gold market. Gold has awakened out of 20-year bear market and surprised a lot of people.