Valuations still remain high in the European technology sector. I see about 10-15 percent further downside in the sector before prices begin to get interesting again.
Martin Brooker
Related I don't see a downside in the energy sector from where we are today. Down the road, there will ultim... JEFF RUBIN Only two of the 10 industry groups surveyed this month - chemicals and metal products - expect price... IAN MCCAFFERTY I still see solid earnings growth for the sector. Growth looks strong especially when you consider (... MIKE KRENSAVAGE After the bubble in the tech sector this spring, I expect the shares to get positively cheap before ... GEORGE HODGSON The sector is doing well. But they're highly leveraged. There will be a decent premium, around 10-to... STEVE TUEN Valuations are getting stretched, especially in the technology sector. There may be some recovery in... CHUCK CARLSON Right now, our customers are about 50 percent public sector and 50 percent private sector. RICHARD CALLAHAN In today's knowledge-based economy, what you earn depends on what you learn. Jobs in the informa... WILLIAM J. CLINTON I still prefer technology stocks. The tech sector is still the place were the earnings momentum is. COURTNEY SMITH Footwear brands and the retail sector are forced to reflect the cost of the duties in their sales pr... HORST WIDMANN What's already happening in the pulp-and-paper sector is very quickly about to happen in the steel s... HOWARD HAMPTON The trend in the technology sector has been very, very heavily weighted on the downside, and until t... FRED KETCHEN Usually around the beginning of the marijuana harvest season, we begin to see an increase in the sei... CERVANTES The weakness has been largely concentrated in the technology sector. DOUG PARKER The banking sector continued to undergo consolidation after their recent gains but the telecom secto... GEORGE CHAN I've been reasonably optimistic that we can get back to high single-digit growth in the stock market... KURT J. WOLFGRUBER I was very excited about the prospect of being the CEO of a fast-growing technology company, particu... JOE GALLI There's no question it's a positive for prices and it has further tightened the market. There's a ri... BRENDAN HARRIS I think there was some minor selling pressure on telecom stocks as the market continued to see a wea... ANDREW TO When we did our September forecasts, we were already in an environment where oil prices were high an... AXEL WEBER Valuations remain a little stretched, and we could see some further weakness into the early part of ... ADAM ADELMAN Look at most of the warnings, they continue to be in the technology sector. BEN HOCK will result in the creation of a powerful base for further development in the sector. BERNARD ARNAULT The 'private sector' of the economy is, in fact, the voluntary sector; and the 'public s... HENRY HAZLITT That's the major risk, but nobody has told the construction sector in California because they were a... HOWARD ROTH This sector saw about a 4 percent growth last year. I expect it to do about the same, between 3 to 4... FRANK BADILLO The "private sector" of the economy is, in fact, the voluntary sector; and...the "public sector" is,... HENRY HAZLITT The 'private sector' of the economy is, in fact, the voluntary sector; and the 'public sector' is, i... HENRY HAZLITT Seventy percent of the donations came from the private sector, and 30 percent from the public sector... DAN BOECHER Those who would take a 10 to 15 percent pay cut remain a small percentage. MIKE LOCKE It is very difficult to take call on the oil sector as it is driven by the global crude oil prices. ... JAYESH SHROFF The petrochemicals sector looks set to remain squarely in focus as trading in 2006 gets under way. MATT BUCKLAND It is not entirely a surprise that the deal fell apart. Valuations in the sector have fallen dramati... CRAIG MOFFETT I think you have to pick carefully through the tech sector. A large swathe of Japan's technology sec... MARC DESMIDT Mobile is the perfect example of what is enabling economic growth in the technology sector. MAX LEVCHIN (I)n Washington Mutual, you're getting in there at less than 10 times this year's earnings estimate.... CHARLES LEMONIDES Even at 10 percent [of body weight], the pressures were still high, and that hasn't been quantified ... BRANDON MACIAS The basic economic trends in India remain pretty compelling. Growth should still be in the 6 to 6.5 ... JOYCE CHANG Begin - to begin is half the work, let half still remain; again begin this, and thou wilt have finis... MARCUS AURELIUS Begin -- to begin is half the work, let half still remain; again begin this, and thou wilt have fini... DECIMUS MAGNUS AUSONIUS Begin -- to begin is half the work, let half still remain; again begin this, and thou wilt have fini... AUSONIUS The general bullish tone still seen within the commodities sector as well as the lack of chart resis... JAMES MOORE Catalysts is a sector the Germans have missed. This is something they should have gotten into 10 or ... ANDREAS GARTNER We plan to maintain our 10-15 percent (price) premium over our competitors. We are paying close atte... EDOUARD MICHELIN The disappointment in Dell's results came from its guidance and that is obviously going to really im... BRAD PLEIMANN When you enter the public sector, you always expect a lesser salary than in the private sector. But ... KATE HARPER They make membranes and filters that separate fluids that are used in the semiconductor manufacturin... DEREK IZUEL Risks are high in the LCD sector so we are very cautious now. BARRO LIAO While the sector could remain volatile until then, we encourage investors to get back into these bea... DAVE KANG Why was it so high last year? Because of the farm sector. That is a very volatile sector. DAVID LENZE My work suggests the next major move in those names will be down. Since technology stocks tend to be... BRIAN RAUSCHER Consumers will continue to battle through the high energy prices as Christmas approaches, so look ou... ANTHONY HILL The gas row between Russia and Ukraine should further support the sector. MARKUS STEINBEIS If oil prices hold, or better still, if they rise, I think in the coming days we are going to see st... HECTOR PEREZ The tech sector continues to be a drag. Outside the manufacturing sector, the market still has a lon... LARRY LAWLER We are on course, ... Although development sector costs are still increasing because of new projects... WENDELIN WIEDEKING our royalties ? could be as high as 10 percent of total system prices. FREDERICK WARREN Living standards in both the public and private sector have to be brought down. The private sector h... JOHN REDWOOD I think what's happening is a continuation of the correction in the overbought technology sector tha... CLARK YINGST This (importing) has been done in the past. We have to save an almost 15 000 jobs which the sector e... DAVID GOVERE I'd like to have another opportunity to serve. I believe in service. I enjoy it. I also like com... DEVAL PATRICK I would guess two to four weeks before we see this sector [the oil industry] back to where it should... SAM BODMAN I see no reason why we should see a break in this rise in the market. Valuations leave room for furt... BORIS BOEHM It's interesting to note that while per subscriber valuations have fallen for public (cable companie... CRAIG MOFFETT With scandal-ridden capital markets, a mediocre recovery and still high valuations, a lengthy bottom... CHARLES PRADILLA Up here in the north country (areas with high levels of snow), we'd like to see 10 percent more deer... CRAIG ALBRIGHT To some extent jobs created in the public sector will compensate for job cuts in the private sector. ROSS WALKER Despite the ongoing market correction in the telecommunications sector, we believe the fundamentals ... DAVE KANG The household sector has really gone into its shell. We do expect to see new capacity come on stream... BRIAN REDICAN We will see volatility in the technology sector as always, but longer term we think the U.S. equity ... ALAN HOFFMAN You're going to see the tech sector grow in high yield. Anyone (tech company) whose market cap is un... CONRAD SMITH We'll see short-term ups and downs, but I think it's going to be a decent year. There are ample prof... SUNIL REDDY They're still outperforming everyone in the food sector and most in the non- food as well. STEVE DAVIES She was intimidating and all I could do was sit back on the couch as she paced back and forth, slowl... IN THE MAKING This has been a little unusual in that Internet stocks have been selling off on a steady basis. Usua... DALTON CHANDLER I think the future is very bullish for the broad market other than for the technology sector. GERALD VINCENT The orders situation in the German manufacturing sector is excellent. It strengthens the European Ce... KLAUS BAADER Retailers are really getting squeezed especially in the largest retail sector, which is the supermar... BURT FLICKINGER While we remain optimistic about the long-term growth opportunities in the sector, we are disappoint... ERIC BENHAMOU Drug companies are being hit by the Merck trial. But since their valuations are still cheap, we migh... AL GOLDMAN I think the key is that next year, even though Boeing will see about a 15-16 percent decline in reve... PETER JACOBS The revenue miss was split evenly between weak demand in the public sector, primarily in U.S. federa... CINDY SHAW We effectively have a monopoly in the sector, a very small number of very large companies that are s... JACK LAYTON There has been a sharp decline in oil prices recently, so people started to come back and pile into ... LUC GIRARD I have publicly talked about Mexico's need to open ourselves up to the participation of the priv... ENRIQUE PENA NIETO [There's little reason to be excited about the sector.] Outside of tech is better than tech, ... But... BERNIE SCHAEFFER Some 85 percent of jobs created in the past 25 years have been in the public sector -- in other word... NICOLAS SARKOZY Lower NAND prices would boost demand in a few months' time. We still see a 40 percent annual fall in... CHU WOOSIK We believe there will be further consolidation in our sector. We've said all along we're going to be... ED WEST The outlook for technology companies remains strong and demand for shares in the sector helped lift ... LARRY PERUZZI Looking forward, downside risks remain, and there is clearly no bar on further easing, IAN SHEPHERDSON My first job was as a programmer. So I feel like I'm familiar with the information technology se... GENE LUEN YANG The way the energy sector is developing, I could well see three or four big players dominating the m... CLAUDIA KEMFERT The state numbers have come down significantly, from around 28 percent in 2002 to approximately 10 p... KAYE THOMPSON The heaviest weight on the shoulders of investors shying away from the sector is the rise in oil pri... BOB STRAUS Valuations in European equity markets are looking stretched. BOB PARKER [Nortel's warning is] bad news for the (telecom) hardware sector and will hurt the likes of Ericsson... JASON JAMES I get to watch traffic flows in every sector of every economy in the world on a real time basis. GENE HUANG With some of the best known consumer publishing brands in Europe, IPC provides Time Inc. with an imp... DON LOGAN About a third of the patients achieved remission. An additional 10 to 15 percent achieved a response... DR. MADHUKAR TRIVEDI
More Martin Brooker
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