The story that they're articulating to the investment community is being very well received. |
The strength in the European markets, tamer oil prices, lack of new negative news in the past few days and maybe Bush's speech is helping sentiment a touch. Of these four factors, I think oil is the bigger factor. |
The way the original deal was set up, it was not terribly likely for anybody else to acquire Schering-Plough. Merck was the best and only game in town. |
There is a concern over commoditization of a Marriott versus a Hilton versus a Sheraton. They are clearly making efforts to try and differentiate themselves. |
There is a great likelihood the merger won't happen if the families vote against [the merger] plus the foundation, |
There's no question this is hopeful. |
There's nothing terribly significant driving the market. There are no overriding trends; there are a few company-related phenomena but, even then, it's not significant. |
They seem to be getting their act together, but the stock market has not reacted, ... What we're seeing in the broader market is companies can have one or two good quarters. Nobody pays attention. By the third quarter, where business is getting better, the stocks go up a lot. |
They took the eye off the product. That's their primary focus and that's what it should be. |
They're not household names, but they're very strong in their respective industries, |
They've grown earnings at about 15 percent a year for the last decade, ... They're always gaining market share. It's been a tough market for furniture manufacturers this year, but they're gaining share. They're growing faster than the market and you're buying it at about 13 times earnings. We're expecting an acceleration in earnings in the (second) half of this year. |
Three years ago, you had irrational exuberance, ... Currently you've got irrational despondency. |
Today we got preliminary signs that the worst may be behind us, ... Usually a bounce in technology usually happens about six months ahead of convincing evidence of a market recovery. We're getting a rally in techs and good news on the economy. I think we may be seeing a classic market recovery ahead of an economic recovery. |
Today we got preliminary signs that the worst may be behind us. Usually a bounce in technology usually happens about six months ahead of convincing evidence of a market recovery. We're getting a rally in techs and good news on the economy. I think we may be seeing a classic market recovery ahead of an economic recovery. |
We actually eat less than our ancestors, despite the fact that we eat more than we should. Since we expend so much less energy than prior generations, we need fewer calories. And when you take in fewer calories, you usually take in fewer nutrients. We also eat more high-calorie foods with poor nutritional value, like chips, and fewer nutrient-rich foods, like fruits and vegetables. |