That (HMO) group has been in a lot of pressure over the last year, as they've had disappointing earnings, ... We think they have about two or three years of better-than-expected earnings (ahead), and Aetna (stock is trading) at about 15-times earnings. So it's a cheap stock, a large-cap company due for better times.
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People are going to be schizophrenic this year, between an easing Fed, hope that the economy will recover in the second half, and despondency that business trends are weak.David Katz
we do think the housing market is going to be okay. It's not going to fall off a cliff. That environment will be quite good for Shaw and they're picking up a lot of market share, versus competition.
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We think over the next six months Citigroup stock is going to have a very sharp rebound. So, if you've held on to it, stay with it. We don't think you're going to have to be terribly patient, ... Sometimes our investor choices might take two years. We think this is going to be a pretty short-term pop.
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It's our goal to deliver the most engaging and compelling entertainment content online. We think our consumers will have a great time checking out these CBS comedy hits while they are relaxing during the holidays. We're excited to continue working with CBS to deliver unique entertainment experiences on Yahoo.
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The story that they're articulating to the investment community is being very well received.
David Katz
It is a good bit above what the Street was looking for. They raised their fundamental outlook.
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