His speech was really focused on real estate. But then again if his comments cause some money to come out of the housing market and some money to come out of the credit market, where does it go It probably goes into the equity market.
More Quotes from Tim Ghriskey:It's taken a while to generate the real increase in trash levels that these companies benefit from. That's what we're finally seeing flow through here.
We might expect some initial weakness, but the markets have gotten used to the idea that terrorism is going to be with us for a certain amount of time, and the war on terrorism is going to take many years to win.
Big positive surprise, especially in the face of the spike in oil prices in August. The guidance to a higher number for the year just shows that the core business is extremely strong and the company is confident that it continues to strengthen for the rest of the year.
It will strengthen two companies that aren't particularly strong. The industry needs that consolidation to make them stronger against competing technologies.
This is essentially re-creating the old ATT. But in this environment, the industry has been so weakened, with so many competing technologies, it's a very, very different world now.
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