The problem is that the stocks have run so much this year that valuations are stretched. To sustain these valuations, we need a strong first half of 2004, and that's an open question. -John Rutledge

 

The problem is that the stocks have run so much this year that valuations are stretched. To sustain these valuations, we need a strong first half of 2004, and that's an open question.


Comments

There are not yet any comments on this quote. Why not register / login and be the first?




This quote is just one of 9 total John Rutledge quotes in our collection. John Rutledge is known for saying 'The problem is that the stocks have run so much this year that valuations are stretched. To sustain these valuations, we need a strong first half of 2004, and that's an open question.' as well as some of the following quotes.

I can't get too excited at these levels. Enjoy this rally but don't chase it.

John Rutledge

The issue is earnings sustainability.

John Rutledge

The economy is getting better, but it's still difficult to get really big servicing contracts.

John Rutledge

For the first couple of months of the year, tech stocks were trading more on hope than anything else, ... But as the year progresses, it is starting to appear that the hope was not justified.

John Rutledge

When all is said and done, IBM will come out pretty darn clean.

John Rutledge