Housing is still in the portfolio with NVR, ... When we started to buy NVR, the price-to-sales ratio was 0.59. Now it sells at 0.83. And I continue to think housing is going to do well into the future here.
More Quotes from Neil Hennessy:
The overall market is in great shape. No matter what's thrown at the market, it doesn't want to break down the London bombings, interest rates, Rita. Uncertainty is a crippling attitude. But companies are still growing not as fast as before but they're still growing and hiring.Neil Hennessy
You couldn't have had a worse year for news than 2005. You had the London bombings, the hurricanes, oil prices shooting up, yet the bears still couldn't take down the market.
Neil Hennessy
The market is in great shape. All of the sudden people are trying to get ahead of earnings and when companies miss by a penny they get pummeled for it. It's ridiculous.
Neil Hennessy
It's a growth company, it's a profitable company, the kids who founded it have done extremely well. But it's starting to get very lofty.
Neil Hennessy
We really don't care what form it's in, we just want high-speed access, ... PeopleSoft is a completely connected company. Our culture is to provide employees with as much technology as possible to do their jobs better.
Neil Hennessy
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