The stocks are not cheap anymore but there aren't many alternatives out there. Good opportunities are hard to find in this market.

The valuations of newspaper stocks have become exceptionally attractive because the outlook on these companies has become particularly negative.

Not all tech stocks are cheap, ... The question is how far down can the Nasdaq go.

It would suggest to me that they are not experiencing any meaningful improvement in their sales figure. They just can't seem to strike a message that consumers respond to. This is an attempt to bring in fresh thinking to help John turn the company back in the right direction.

Right now it's wonderful to celebrate good earnings growth in the first quarter and nice growth in the second quarter, but it's going to get a heck of a lot harder in the third and fourth quarters.

[Perkins also thinks that since Wall Street has been relatively bearish on the stock, the slightest bit of good news could boost the company's shares.] There doesn't seem to be huge expectations for Apple, ... So any moderate surprise to the upside should have a powerful effect on the stock.