|
COPYRIGHT 2005 FDCH e-media
Original Source: CNBC/DOW JONES BUSINESS VIDEO ANALYST INTERVIEW
BECKY QUICK, ANCHOR:That is the static check on where stocks stand right now; but it is all about cash in today`s "Bull and Bear Debate." Joe Battipaglia is chief investment officer at Ryan Beck. He says cash flows are enormous, and that this could fuel some big acquisitions and stock buybacks. On the other hand, you have Todd Salamone. He`s director of research at Schaeffer`s Investment Research. He says there is very little money on the sidelines to drive stock prices higher.
Gentlemen, welcome back. It`s great to have you here.
BATTIPAGLIA: Good to be here.
SALAMONE: Thank you.
QUICK: All right, Joe, jump out of the gate. Tell me why there is plenty of cash to go around and why that might help the market?
BATTIPAGLIA: Corporations have been riding productivity. They have been riding expansion globally. And so...
Read the full article for free courtesy of your local library.
|
Bookmark this article
Print this article
Link to this article
Email this article
Digg It!
Add to del.icio.us
RSS
