If there's military action, it's going to have to be soon. The heat is oppressive come March, April, May in that part of the world. In the desert it can reach 120 degrees. So I have a feeling something will happen in February.
More Quotes from Ram Kolluri:
Most of the bad news and pre-announcements are out of the way. What we really need now is guidance that says revenue growth is on the way. Corporations have done everything they can to cut costs, now we need to see that growth.Ram Kolluri
Unless there is a dramatic, clear-cut winner, which at this point is not statistically likely, there is little chance of this being resolved right away, ... I think both sides are automatically primed to challenge certain results.
Ram Kolluri
SDL is a component supplier. They supply a lot of materials to Nortel Networks and they're a nice story in the optical fiber equipment, ... ... optical fiber investments will raise from 3 billion in 1999 to approximately 15 billion in 2003. Globally the demand is going to be 40 billion for year 2003. And these are the people who are going to supply all the equipment.
Ram Kolluri
This is a very preliminary report, and it will surely be revised downward in the neighborhood of 5 or 5.5 percent, but even that is extraordinary, coming off of last quarter's growth, ... People know that it will be revised downward, and so maybe they are a little cautious today, but you need to look at the longer-term implications of this.
Ram Kolluri
This war situation is getting out of control. Buyers are on strike. Six out of the last eight weeks have been down. The action is completely emotion-driven.
Ram Kolluri
The market has been happy with the first-quarter results, but why We're seeing companies beat lowered estimates and do it because of cost-cutting, not top-line growth. Unless the earnings start to improve, the economy picks up, this market is going to continue to be too richly valued.
Ram Kolluri
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