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Kate Warne Quotes
«Given that Nortel and BCE are such a heavy weighting in the market, what happens to the real TSE right now really depends on what happens to those two stocks, ... I believe they're going to run higher until they stumble.»
Author: Kate Warne
«I don't expect them to stay that high for long but it wouldn't surprise me if they moved higher before they drop, just because we do have lower inventories and it's not likely OPEC's going to raise production any time soon,»
Author: Kate Warne
«Once again we have Nortel and BCE as the responsible parties for the major move in the market and everything else would probably be flat without them,»
Author: Kate Warne
«Oil prices fell significantly so all the energy sector was down, you see all of the financials are down, the high-tech flyers down.»
Author: Kate Warne
«I hadn't expected BP Amoco to be really in the market for acquisitions this quickly, ... What it tells me is that they have done a faster job of consolidation of Amoco's assets and they feel very comfortable going forward.»
Author: Kate Warne
«I think that a lot of people are on the sidelines, having positioned their portfolio already in advance of the Fed meeting, and not wanting to do anything in case the Fed actually surprises us,»
Author: Kate Warne
«Overall today, I think the market's just sort of looking for direction, ... The same old worries began to resurface as people got back into the swing of trading. Instead of the morning optimism, it just became the same old, same old. The worries about higher rates, about lower earnings, about was the world's economy slowing began to show up again.»
Author: Kate Warne
«Royal Dutch and Exxon have always traded at premiums in the market, ... The merger puts BP and Amoco in the same size and presence globally, and it should give them the same premium value.»
Author: Kate Warne
«I think it may just be broader concern rather than a focus on what's happening to interest rates. Many of these sectors haven't done well and it's not clear what will turn them around, ... It's a little surprising the financial services are down. Although, they would be mixed on (Greenspan's) message, I would expect them to be a little more a positive.»
Author: Kate Warne
«Any nervousness about Cisco translates into Nortel and all other high quality technology stocks and into some of the smaller riskier ones as well,»
Author: Kate Warne