[Analysts themselves are getting back to basics, digging further into the numbers behind the numbers found in annual reports and other corporate filings.] It's amazing how fast the invisible hand of competitive marketplaces is correcting these problems, ... Two years ago you saw almost no new research come out after the annual 10-K filing. Now when a company comes out with its 10-K, you see half a dozen analysts immediately coming out with a report analyzing all the details. |
[Greenberg, however, thinks such fears are overblown.] I think [disclosure at] Liberty is clearer than most companies, ... is one of the most shareholder-oriented of any public company. |
As a money manager, I like to see volatility in the stocks I don't own. To the extent that day traders drive up some stocks and drive down others, it creates opportunities for me. |
As conservative value investors, we always base decisions on the question: 'what if we are wrong,' |
But the market itself looks more attractive. |
Disney is a great company with a tremendous portfolio of media properties. I'm not interested in commenting on management issues. |
From the size of this meeting, it shows the depth of concern about how this company has been managed. |
I don't think it has anything personally to do with Bob. |
I have had numerous interviews with reporters who called looking for quotes about tech bargains. I always explain that we believe the best values today are in growing companies outside of the technology sector....To these reporters, it defies common sense that stocks that have declined 80 percent or more are not yet 'values.' That is a testament to how powerful and unprecedented the technology mania was. Even after such large price declines, most of these stocks are still not cheap. |
I knew [the quotes] represented money, and I knew they went up and down, |
I like the R&D pipeline and the strength of its balance sheet. |
I think Dick is certainly capable of doing both jobs, and we'd certainly be happy with him being named. But we also wouldn't be upset if the board chose someone else. |
I think fund companies figured out after Peter Lynch and Michael Price retired that there's a downside to creating star managers, ... It needs to be about the firm, not about managers. |
I was a baseball fanatic, |
In some ways, IMS can be viewed as a royalty on the drug industry -- one of the fastest, most consistently growing of all industries. |