You've got companies that are going to continue to be volatile for quite a while because most of them are being bought on expectations of an improvement in the future, rather than solid current earnings.

Bed Bath and Beyond has the cleanest outlook with the fewest question marks. It is a unique retailer that's done extremely well on execution.

I guess you'd be a vulture investor if you buy now.

Investors had overreacted on the negative side for some of the better companies, ... We seem to be going through these ebbs and flows of overreacting on the upside then overreacting on the downside.

In this environment people are scared. When there's smoke you just run.

I'm not sure that the problem is with technology,

At this point, we're watching tech carefully but we are not ready to pull the trigger yet and buy more with this volatility, ... What seems to be consistent is that whoever just went up is likely to get clocked soon afterward.

The two companies are similar, but Symantec has been a more consistent performer. I just do not have a high degree of confidence in Network Associates.

This is an extremely high quality company that's well managed and sticks to its knitting. Fundamentally, it has just been beautiful. If you can have a portfolio full of this type of stock, you'd have a lot less gray hairs

Once you get a more stable environment with a consistently growing economy, that would favor a better return for larger quality names.