Alexander Paris
Alexander Paris
costs economic expected fourth growth gulf primarily result storms stumble
Economic growth did stumble in the fourth quarter, but as expected it was the result of one-time factors, primarily disruptions and costs of other Gulf storms and their aftermath.
driven grow peg perhaps pilgrim sale seems square willing
I have to think that the sale is being driven by Pilgrim Baxter -- they want to grow more aggressively than perhaps UAM is willing to commit, ... It seems Pilgrim Baxter is a square peg at UAM.
aol generate greater price subscriber surprised thrilled tried
I'm surprised to see them doing it. I don't know if I'm thrilled with it. While it would make them more price competitive and generate greater subscriber growth, I think they tried to be an AOL before and failed,
economic good report
Sometimes they think a good economic report is good, other times they think it's bad.
company sell turned
I would not want to see them sell at this price, ... I would want to see them get the company turned around then look at if you want to go private.
performance poor
Poor performance hasn't tarnished the funds' image, ... It's still the right acquisition for the right buyer.
companies company controls finding reviewing tax
It wasn't particularly material. And it's not particularly unusual. A lot of companies are going back and reviewing their controls because of Sarbanes-Oxley and finding tax errors. But for a company like H&R Block, it was particularly embarrassing.
benefit doubt
I want to give them the benefit of the doubt,
companies hostile
Companies have got to do something, or they are going to have a hostile reaction.
continue exchanges grow longer lots money prices sidelines term vulnerable
Prices are pretty rich. The exchanges may be vulnerable to short-term corrections, but over the longer term they should continue to grow because there's lots of money on the sidelines to invest.
company good house price
That's a good price for a well-known house like Pilgrim, ... You could really get that company going again.
assets equity move private surprised
I'm not surprised to see private equity make a big move like this -- private equity has significant assets that need to be invested.
aol charge chose cost fixed follow point ran rate sitting time variable
At the time AOL went unlimited, CompuServe deliberately chose not to follow with the point being how can you charge a fixed rate for something that has variable costs? There is a cost to someone dialing and just sitting on the system. That was what AOL ran into.
fast grow growth guys longer market saying
It's the market saying these guys aren't going to grow as fast - these guys are no longer a growth company.