Quote #14
The stock of course, in light of that news up 5 or 6 points this week, ... But we still like the stock a lot, and on any pullback we'd be a buyer.
More from Jack Baker
- I'm not really happy with the volatility. What I am happy with is the market's ability to rally after these sharp declines.
- Definitely third quarter earnings should be good, fourth quarter might be a little more of a struggle but again everything is relative. If …
- The [economic] numbers are very benign. The economy in fact seems to be slowing a little bit. I know it's hard to read this week-to-week, m…
- I see the flow of funds still exceptionally favorable for the stock market. 8,000 is my number. We should be there in the next week or two.
- I think Greenspan is setting the market up for something much more palatable. If you get the Dow back to 6,500 or 6,600, and you take that …
- I think we're getting close to capitulation.
- In the financial sector, which is one of our biggest areas, in the regional banks, the large money center regional banks, Wells Fargo is st…
- People seem to be coming to the realization that the economy might, in fact, pick up in the second half. I don't see any negatives in the n…