It's important to connect reality to concept. An improvement in the gross domestic product has caused people to feel more confident in their jobs, but profits are being driven by efficiencies in this country rather than increase in demand,
More Quotes from Nicholas Heymann:
We'll get a better handle about how can this company, in a non-growth environment , can grow at an above-average rate,Nicholas Heymann
Welch had all the legal antitrust issues worked out but failed to consider industry reaction to the mega-deal. GE was taking its cake and eating it, too, ... You can't have it that way and the whole industry ganged up against him.
Nicholas Heymann
I hardly expect to have any surprises, ... The surprise will come from GE helping people understand what can be done and will be done in the future. Instead of telling you a bunch of random numbers, we in fact may have ability to build a relevant quarterly earnings model.
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We continue to believe the (Justice Department) will oppose the merger based on the potential for anti-competitive pricing by the merged entity.
Nicholas Heymann
Relatively little value may actually be able to be unlocked through the simple act of splitting the company into three parts.
Nicholas Heymann
They last thing they are going to do is reduce leverage and buy back shares, ... This is all good news. Their stock's been down.
Nicholas Heymann
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