David Strasser Quotations

Moving the needle on a $300 billion retailer takes time.

While (Best Buy) may look like the relative underperformer this quarter, we believe their strategies will prove more fruitful long term, especially as (Wal-Mart) gets aggressive.

We've been cautious for a while on the retailers. The one thing that's in their favor is that in the overall spending environment, you'll see people tend to go to these stores more than other product categories because there a lot of excitement, a lot going on.

There is so much bad news priced into the stock ... and sentiment is so poor, that we believe the disappointing near-term results will be discounted in anticipation of improvements from new management.

This is another way that Target is bringing a higher quality, niche product to its customers at reasonable prices.