Three years ago, you had irrational exuberance, ... Currently you've got irrational despondency.

The losers often are heterogeneous patchworks of many small companies acquired during the irrational exuberance in the late '90s.

We put some pew cushions on just about three years or so ago, ... We're turning into something of wimps with pew cushions and air conditioning.

From a competitive standpoint, while perfect execution could transform HWP/CPQ into a powerhouse three to five years from now, we think the substantial near and intermediate term risks associated with integrating multiple products and business lines, diverse sales force and sales channels, and management far outweigh this potential upside,

Spending on equipment was the strongest since the last irrational exuberance of the dot.com boom in early 200.

A lot of people were feeling, in the words of (Federal Reserve Board Chairman) Alan Greenspan, some irrational exuberance. They now have a much more realistic picture of retirement.