It's just the nuttiest argument that I've ever heard -- this whole idea of old economy versus new economy assumes that we're all going to be sitting around in the dark, naked and hungry, surfing on the Internet. The idea that you don't need food companies or companies like Procter Gamble anymore is just nuts.
More Quotes from Alan Skrainka:
It's just been a very quiet day. Nobody wants to make a big bet prior to tomorrow's decision. People are pretty convinced that the Federal Reserve won't make a change to rates but they want to see the statement. It doesn't make a lot of sense to make a big commitment today when you have such an important meeting tomorrow (Tuesday).Alan Skrainka
There's still a lot of concern about slowing personal computer sales and reduced corporate information technology purchases.
Alan Skrainka
It's a very cautious market. We're saying take a step back from the day-to-day and look at the big picture.
Alan Skrainka
The last seven 'bear' markets -- if you measure a bear market by a 20 percent drop -- have quickly forecast economic recessions. For people with 90 percent of their net worth tied up in a small business, it bears watching.
Alan Skrainka
We may be entering a recession here. So if I owned a small business, I would pay very close attention to controlling costs and develop a contingency plan.
Alan Skrainka
I think it was a very volatile and directionless week. Investors should tap on the brakes a few times and strap on their seat belts. (Last week) was very earnings driven, and now it's shifting and people are going to focus once again on value.
Alan Skrainka
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Based on Topics: Idea Quotes, Internet QuotesBased on Keywords: procter
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It's a terrible thing to go through life thinking that you have a rock on your side when you haven't.
Maria Callas
Certain things do not effect me anymore, which is not always good. There is always commotion, but I notice that hardly anything affects me or puts me out of balance.
Ruud van Nistelrooy