It's one way of unlocking value on a lot of disparate businesses that somehow got glued together over the last 10 or 15 years. I think it'll be pretty good for shareholders.
More Quotes from Steve Previs:
It will be a very subdued day for obvious reasons. People will be reflecting on what happened in the past year as well as what happened this time two years ago. A lot of people will probably just stay away from the market today.Steve Previs
It's what the company said in the conference call that was particularly worrying -- that there is no demand there and no signs of a pick-up any time soon. What looked like being a turnaround in the industry is not a turnaround.
Steve Previs
The futures aren't indicating very much anyway and you would expect them to be down a little bit, probably a little profit-taking after the big run-up we had last night.
Steve Previs
Although this is a key psychological level, the Dow Jones is a very narrow gauge and fundamentals are still weak.
Steve Previs
I think people are really concerned about this dollar. The dollar is going to go much lower than it is now, meaning people are likely to opt away from the dollar and away from U.S. investments and into investments they feel a little more comfortable with.
Steve Previs
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