M. Wolfe Market Quotations

The market is trying to find a reason to sell the dollar.

Heading into the new year, across-the-board improvements are giving rise to a more hopeful workforce, consistent with a growing demand for skilled labor and increased financial confidence. Multiple signs indicate that improving expectations about the employment market will jump start 2006.

I think FedEx's stock will be under a little bit of pressure, because UPS will be comparing and contrasting numbers. UPS saw volume growth of 14.5 percent on overnight product in the most recent quarter. FDX saw only 3.9 percent. It's too early to tell if UPS is taking away market share, but that will be the implication that comes out on the road show.

I think it has a place, ... In fact the patients I see with IBS -- people with constipation is what I see much more than diarrhea -- so I think this drug will have a very, very important place. How well it works will ultimately be seen in post marketing surveillance studies. There were no safety issues that I saw with this drug.

There will be relatively few shares sold, ... And UPS still has $1 billion left over from the IPO to repurchase shares on the open market to support the price if need be.

Rising energy prices and interest rates may overshadow the optimism employees have in the labor market in the coming months. While we don't expect worker confidence to fall dramatically, we are likely to see a softening as people struggle with greater day-to-day financial strain.

I am impressed that the stock market generally speaking hasn't been taking it worse than it has,

This will happen, and when it does, Apple will double its market share.

The online console gaming market is set to take off, as the new generation of consoles arrives with advanced networking and online gaming capabilities. The ability to download game demos, buy casual as well as full-fledged console games, and access advanced content, including HD video, will result in 'online' becoming the key technology component of gaming for this and subsequent console generations.

They've left this hole open for so long that there's an increasingly legitimate market for these pirate products,

If the FDA approves this drug, it is certain that it will have to be banned within a short time after marketing begins because of the high probability of further occurrence of the serious injuries it has already been found to cause.

The important question the shortfall raises is whether Apple will be able to attract new users to the Macintosh platform to continue to grow its market share, ... The shortfall raises ominous questions about whether it can.

Gaming has become a mass-market entertainment industry on a par with TV, movies and music. Segments such as video game advertising, set to become a market worth close to $3 billion by 2011, will result in the further maturing of this industry. The ability to play music and media from powerful consoles and handhelds will drive overall industry growth as consumers begin to view gaming devices as one-stop-shop entertainment platforms.

From an economic and a market point of view, this was never likely to be a real kind of environment-changer - and hasn't been.

We want market share at the end of the day, ... You've got to have it because those are the companies that are going to have pricing power, and  they are going to enjoy the benefits of margin expansion on the back end of this.

The earnings picture has come in much better than expected. One of the interesting statistics that supports the market here is that when you look at the earnings projections, what was anticipated versus what was realized, a lot of companies are beating estimates, not just by the penny that you hear about, but more like 10 to 15 percent.

One-time-use camera category has grown to be 218 million units annually and we expect it to account for 38 percent of total film volume in the U.S. in 2005. A simple and affordable one-time-use digital camcorder could spur growth in the digital video market in a similar way,

There's an element of fear and an element of a long-term revaluation of the market going on here.

You are starting out with a market share of 2 or 3 percent and maybe going to a market share of 6 or 7. Apple is not going to take over the world.

In recent months we have seen a number of announcements and proof of concept demonstrations from major players in the mobile and consumer electronics markets that tie the consumer's mobile devices to the home network.

We are thrilled to partner with Evergreen Solar, with its proprietary String Ribbon technology and rapidly expanding manufacturing capability. Our relationship with Evergreen ensures that as the market for solar continues to expand, GRO will continue to grow with it. GRO customers can be confident that they will have ready access to solar installations, at a steady price, for years to come.