William Armstrong Quotations

It's a great company, and the stock was pretty cheap until today. It's a leader in the arts and crafts industry, it's much bigger than its competition, has much higher profitability and consistently superior same-store sales growth.

It's a good idea, but it's bad timing. It's just not going to happen.

There's a glut of inventory out there, ... in a difficult environment industry-wide.

We have not seen our health-care budget shrink during the past few years. We are not aware of any impending cuts. No matter what the budget, our first priority is to provide quality care to our veterans, and this will not be sacrificed.

In my opinion, I'd rather have Barnes & Noble's book business than Borders book business.

Tweeter has been losing market share to the big guys. It served a higher-end customer, and historically it differentiated itself with home audio, but that business has fallen off a cliff. No one buys stereos anymore. They buy MP3 players, and you don't need the same kind of service to sell these lower priced, lower margin products.

Tweeter has been losing market share to the big guys,

Considering Wall Street held serious doubts about Tweeter's survival, ... if the company can continue this sales momentum through the holiday season, it will be on much more solid footing and have a better chance for survival.

Amazon had to build its name up from scratch, ... Barnes and Noble, on the other hand, is very well known. It's obviously much bigger and has greater financial resources.

The throaty V-8 growl that William Clay Ford Jr. claims he likes. That was my last major contribution.