M. Wolfe Picture Quotations

I think this has been helpful because it gave me a picture of what I'd be involved in.

We think the earnings picture shaping up for this quarter is going to be absolutely stupendous, led in part by semiconductors and networking firms. Looking forward that's a different story. We've had two great years of earnings growth. We think it's going to be pretty difficult to show up with 30 to 40 percent earnings growth.

We think the earnings picture shaping up for this quarter is just going to be absolutely stupendous, led in part by semiconductors and the networking firms. They're all reporting in the next two weeks.

The earnings picture has come in much better than expected. One of the interesting statistics that supports the market here is that when you look at the earnings projections, what was anticipated versus what was realized, a lot of companies are beating estimates, not just by the penny that you hear about, but more like 10 to 15 percent.