Greenspan is giving a speech Monday night to some overseas bankers, then Thursday he will speak to Congress. Investors will be looking to him to clarify.
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The comparable strength this afternoon says that if this is as bad as it gets, with the economy, with terrorism scares, then we can handle it.James Awad
It's just a great stock to own here, ... The company is growing in excess of 20 percent. The demographics are great for education. The company is selling at about 15 times what we think they can earn next year. It's also one of the few independent publishers left and so we think it's a strategic acquisition candidate, probably worth over 60 a share, and the stock's at about 45.
James Awad
They got pounded, ... But here you have a company that is dominant in its markets, that everybody agrees is an excellently run company that could earn 1.75 (per share) next year, so it's selling at about 11-times earnings. And it's an acquisition candidate down the road. So you see the theme here is growing earnings, low valuation.
James Awad
I don't think we'll get any big surprises in the economic news next week, ... What the market will be looking for are any clues that point to anything other than four percent GDP (gross domestic product) growth.
James Awad
This stock is down from over 50 a share, but is just a great long-term, growth stock, ... We think it will go back to over 50 a share, at some point, and back to almost where it came public. It may be dead money for a month or two, but I think eventually you will make three or four times your money on it.
James Awad
But throw in a very visible company lowering its guidance going forward and the focus shifts back to the same problems of an uncertain economy, uncertain earnings and the Middle East problem, which has not changed,
James Awad
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Based on Topics: Congress Quotes, Government Quotes, Speech QuotesI mean, it takes a large entourage to put on a tour. You can't have 'em sittin' around.
Clint Black
Sooner or later you learn that you belong in the big leagues, and that makes you calm down.
Dennis Eckersley
To know how to hide one's ability is great skill.
Francois de La Rochefoucauld