Larry Haverty Quotes (12 Quotes)

Things that needed to get done, the management has done.

What you get with Disney is a low stock valuation on a company that I think will have forward earnings momentum and the strongest balance sheet the company has had in the last five years.

The timing to implement the plan is lengthy and the potential rewards are nothing different from what would be achieved by current management.

It's the wrong time to do anything that's tax inefficient and (that could) subject owners to any unnecessary financial risks.

History shows the poison pill under normal circumstances doesn't benefit shareholders. If the corporation wants a poison pill, it's the shareholders' prerogative to decide that. Not the board of directors.

What's clear right now is that the market won't reward that.

Management is doing the right thing. You don't want to change the driver of the horse when the strategy is clearly appropriate.

I'm not sure that in this case he brings a whole lot to the party. The businesses are not mismanaged. There's not an awful lot to fix. We are very happy to see Icahn stirring the pot, but the way things are going and the way this company is being managed, it's a day late and a dollar short. The things that are being done to fix the stock have already been done. I don't think anybody can have any qualms, as a shareholder, with Dick Parsons.

The stock action here is telling you everything you need to say.

Management is not asleep at the switch. Anything you can do to move the needle in that direction is terrific for shareholders.

He's becoming strategically complete. The business is undervalued and the stock is growing.

Within Time Warner right now, AOL is worth somewhere between 17 billion and 20 billion. But if the advertising business grows nicely over the next two to three years, it could be worth 25 billion to 30 billion.