Investors will be disappointed by the lowered profit outlook and the extended time to complete the transaction.
Given that (the 2000 Summer Olympics in) Sydney were a little bit of a dud firecracker, I think everything looks locked and loaded to have successful games this time,
Given that (the 2000 Summer Olympics in) Sydney were a little bit of a dud firecracker, I think everything looks locked and loaded to have successful games this time.
Tyco would appear to be pursuing the 'path of least resistance. Tyco's Bermuda incorporation could significantly complicate any prospective IPO or divestiture process because of tax implications.
With over half the accounting investigation completed without discovery of material impropriety, much of the risk of an accounting fraud would appear to be greatly diminished,
There's just no catalyst to buy it now. NBC is doing better but there is some concern that other units are not as strong.
GE will not go out and buy a blockbuster company.
GE will not go out and buy a blockbuster company,
I don't know that many companies the size of GE whose earnings are up 16-17 percent right now, ... It's really because of cost-cutting actions that really positions this company to do very nicely for what could be 20 percent earnings growth in 2002.
The B-2-C market in many respects people are looking at as something of a flash in the pan. But this B-2-B market is enormous. Ninety percent of business transactions today are still done on carbon paper and fax. So this is real. This stuff is real and these companies are here for a while,
We think Buckley stands as good a chance as any to steer the company toward an appropriate balance between growth and returns, given his positive track record at Brunswick.