You don't need to worry what the economy is doing people need to buy their drugs.
More Quotes from Phil Dow:
This year, the market is trying to tell you to be selective. If you look at the stocks that have moved, it really has not been just 30 big stocks it's been all asset classes, all styles -- value and growth have delivered. The ones that are really getting fundamental financial guide, post-traction are those that are delivering. So my guess is selectivity is the key, and I think you've got to be in kind of best-of-breed solutions right now.Phil Dow
You're going to see a lot of companies voluntarily take the smoke and mirrors out of their business, ... We shouldn't expect to see an immediate recovery, but eventually people will regain confidence.
Phil Dow
With today's big decline, this isn't a time to be concerned about additional downside but about what can go right in the coming months, primarily a gradual economic recovery,
Phil Dow
We're trying to take advantage of value where we can see it, and there are some obvious places. Computer Associates ( CA Research , Estimates ) is the third-largest independent software company. It trades at a PE multiple on forward earnings. It's about a third of Microsoft's today. It's growing at about 16, 17 percent, trades for about 13 times earnings. We think it's a very attractive asset. We think it's a great one and could go up as much as 30, 40 percent in the coming year.
Phil Dow
They have the best of breed kinds of companies in two really good industries. They have a natural gas pipeline company. In addition, a fiber optic network which will be 33,000 miles. Each have the wind at their back and we think the combined businesses conservatively are worth 60. Right now the stock trades for around 45. The company just announced a way to unlock that value with a spin-off of their Williams Communications Group. So we think it's just a matter of time before that stock reaches 60.
Phil Dow
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E. T. Bell
People just take your kindness for weakness sometimes, and that's just the bottom line.
Ruben Studdard
I don't think Lloyd's of London would insure this mouth.
Kathie Lee Gifford