This is a generous enough offer to win the day, ... There will be more bid activity voice-centric companies need to expand beyond that (into data-related services), and they're much easier to buy than to build.
More Quotes from Stephen Murphy:
We thought we could spin the news story of a Gregorian chant hit in Europe into something that would catch the attention of the media here, ... We put a big bet on the roulette table. We spent a great deal of money in buying some TV advertising. So, we got the message out there that this thing existed and our distribution company was right there with us and we got the initial distribution.Stephen Murphy
What you're seeing in the broader market is people pulling back, taking a wait-and-see attitude. Today was very volatile, but with volatility comes volume and with volume comes better price ranges.
Stephen Murphy
We have no idea who were coming over. There was no screening done by immigration authorities before these people came into the United States. There could have been drug dealers, terrorists and God knows who coming in those boats, cars and trains.
Stephen Murphy
It's going to be an upgrade phenomenon. People will buy the car they always dreamed of, the holiday they've always wanted.
Stephen Murphy
There was no bad news. The FOMC meeting came out. There was no rate cut. It was all priced into the market, ... I think Bush's economic team is regarded positively and there was really no reason to sell.
Stephen Murphy
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Even now, we make no apologies for the choice we made. The sacrifices we made were selfless. The options we offered were patriotic while the paths we chose were well thought out.
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