Portfolio Quotations | Page 3

The reason that opportunity exists is because the ownership groups buying teams are very different than in the past. The franchise is their primary asset, and they come from backgrounds with an analytical focus such as venture capital, private equity, and management consulting. In the past, sports franchises were secondary assets in the portfolio of individuals who made their money in industrial-based businesses.

The original Dogs of the Dow strategy is actually not a bad one. It has discipline, it's simple, and if you stick with it and don't tinker with it, you'll end up with a diversified portfolio that should do well.

Theoretically, our writers will come to us with nothing. And they will leave with the first draft of a novel, a portfolio of poems or even the first act of a play. The biggest monster of writing is the first blank 250 pages and the program is here to help confront those challenges.

There could be no better time to fully integrate Infinity with Viacom's tremendous portfolio of assets. Infinity is performing at record levels and continues to generate a tremendous amount of free cash flow that will now fully benefit Viacom.

We expect the new management team to rationalize the product portfolio and wring out supply chain improvements over time, but we think 2006 is largely a transition year.

We don't want our good customers subsidizing our bad customers or those that are more challenged. It's not just one bad move. It's really looking at a customer's portfolio as a whole and deciding what product is right for them at the time. Each one is priced to their own risk and what's going on at the time.

We see 2006 as our platform year from which we will grow. Growth is going to occur both from an organic standpoint and also we will add to our portfolio new facilities.

Vodafone has got serious about 3G now. It is using its size and purchasing power to put together the best portfolio of 3G phones and services.

We feel like we have positioned the portfolio very well for future performance.

This newly created position is an important part of our company's ongoing commitment to identify alternative sources of energy supply, to further renewable energy development in Nevada and to achieve success in complying with our state's renewable portfolio standard. Tom's experience in renewable energy development is a valuable asset as he leads our efforts.

We think project portfolio management, the execution of how people work together, is the next great enterprise application.

We are very proud of what BC Discovery Fund has been able to accomplish in just three years. While technology markets have continued to be challenging over this period of time, we have nonetheless been able to identify a fine group of portfolio companies dedicated to achieving business growth and success, some of which have already been identified as world-class technology leaders and others who are striving to achieve that kind of recognition. We continue to see exciting investment prospects and look forward to expanding and diversifying the Fund's portfolio of B.C.-based technology companies.

We are very pleased to reach a favorable settlement with Digital Persona regarding our patent rights. This settlement demonstrates the relevance of our intellectual property portfolio to the challenges faced everywhere today to secure computer networks against intrusion and loss. We believe that our patents and intellectual property are valuable assets, and we will continue to vigorously protect our rights.

We had planned for single-digit growth in our PC business in the U.S.; we had planned for that in U.S. retail, ... Nevertheless, we did indicate that we saw less growth than anticipated even with that single-digit forecast. It is a relatively small part of our portfolio and it does not change our forecast.

Boston's overall sales growth is going to slip to 5 percent in the second half of this year and go flat in 2006. The new-product portfolio Boston is piecing together can restore double-digit earnings and sales growth, but it will probably take until 2009.

Brown-Foreman has kept its portfolio relatively simple and its ambitions broad by focusing on these markets in Europe.

Bristol will extend the Emerson product portfolio and leadership in flow measurement products and services, enabling us to offer an even broader range of value, performance, and reliability to our customers. In addition, the Bristol Babcock management team demonstrates excellent leadership, innovation, dedication to quality, and strong company performance...qualities that fit well with Emerson.

Best Western welcomes the Clovis Inn and Suites to our chain. This hotel is a great addition to our growing portfolio of quality hotels in New Mexico.

Best Western is proud to welcome the brand-new Victoria Inn and Suites to our chain. This versatile property offers amenities that will please business and leisure guests. This property is a great addition to our portfolio of hotels in Texas.

Every portfolio manager that you talked to is probably beaten up pretty badly right now. It's been a difficult environment but still, in all, it's an environment where we are going through the typical pre-release of earnings numbers.

At the beginning of the quarter there was a considerable EMU-related portfolio flow from domestic markets into the euro-zone, ... While this has continued in months two and three, there has been renewed interest in non-European asset classes, mainly Japan and the far east.

At the end of the day, we do not see Rudman acting as the catalyst that pushes Congress into the portfolio limitations favored by the Administration and Senator (Richard) Shelby -- especially in light of the absence of new material accounting revelations.

Commercial lending is a very competitive market for banks. To compete effectively and win, bankers need commercial credit tools that help them to simultaneously develop deep relationships with their customers and manage risk to their organizations. That's precisely the power behind our Optimist and Portfolio Strategist software solutions. Our products are designed to enhance financial communications between banker and customer and assist in positioning the banker as a trusted financial advisor. On the risk management side, these solutions enable a banker to diagnose customers who are showing signs of deterioration, closely monitor changes in their performance, and implement corrective action early on to save problem loans.

Disney is a great company with a tremendous portfolio of media properties. I'm not interested in commenting on management issues.

Don't tie up your retirement portfolio in one stock,

And Vivendi has dramatically transformed itself over the past few years into having quite a balanced distribution portfolio relative to what people thought it would have two years ago.

Dying venture firms are like the walking dead. They can have years of staggering around with stakes in still active portfolio companies, hoping they're still holding a lottery ticket that could put them back in the game. If not, they just slowly wind down.

Each country has already begun to identify a portfolio of actions to improve their energy security, reduce pollution and cut their greenhouse gases. What we are going to do with the partnership is find some alignment of those strategies so we can expand and promote investment in technologies that will help meet those goals.

Europe Beverages has a great portfolio of brands, a talented management team and strong routes to market.

Europe beverages has a great portfolio of brands,

Fear, greed and hope have destroyed more portfolio value than any recession or depression we have ever been through.

There's more potential there that hasn't been realized. We don't know what the portfolio might be able to do in the hands of a different operator.

Things are going to be very, very quiet today, because I?m sure half the portfolio managers in New York and in Boston are going to stay home.

These results demonstrate that we are winning and growing across the portfolio in an intensely competitive market,

These will be achieved without the risk of the integration of a large and disparate brand portfolio into our existing business, which would have disrupted our existing momentum.

These latest license agreements have demonstrated our ability to execute and expand our core strategic initiatives to develop a footwear industry powerhouse that generates high-margin revenues. Since we launched our program to obtain exclusive global licenses from leading designers, we have successfully broadened our portfolio and we continue to aggressively pursue further expansion.

The strategy of taking market share and growing its securities portfolio is going according to plan.

The small car market continues to shrink, ... We've probably stayed with the small cars too long, and that market is not coming back the way we hoped. We need to grow our portfolio if we're going to grow as a company.

The slip in the sector has been mainly attributed to portfolio switching at the beginning of the New Year.

The Super Bowl is a unique opportunity to bring one of the world's largest sporting events and promotional platforms together with Cadillac, the iconic American luxury brand. The Super Bowl is an exceptional platform to showcase the all-new 2007 Escalade and the entire Cadillac portfolio while reaching one of the largest and most relevant audiences.

Segue's quality optimization products and services will add significantly to our growing portfolio of application lifecycle management solutions. This is a natural extension of our focus in helping customers move beyond development and into successful delivery of business value via critical software initiatives.

Running a credit-card portfolio is a banking business. Retailers make lousy bankers ... so receivables tend to be inert in their hands.

Power Integrations' product range is highly complementary to our existing power semiconductor lines, and adding this franchise to our line-up is the latest step in our strategy to offer our customers a balanced portfolio of products from a range of world-class manufacturers.

Saving and investing and being prudent about your portfolio is going to get you to the point where your money works for you.

Quite honestly, it will take him a while to get the portfolio to his liking. People need to sit it out and look at the fund again 9 to 12 months down the road.

Quite honestly, it's a good news, bad news situation. The bad news is our portfolio is not as cheap as it was at the beginning of the year.

quality funds in a well-diversified portfolio that earned 9.3 percent (all accounts) in the last 12 months, whereas the S&P 500 lost 14.8 percent.

Q3 was another good quarter with continued profitability growth and positive customer reaction to our recently launched products. We are seeing increased design win activity across a range of applications in our key markets. Our product leadership combined with the expansion of our product portfolio is creating a solid base to achieve our growth targets.

Proxim's brand name and distribution channel are recognized around the globe, and we are building on these strengths with an expanded product portfolio to enable our partners to pursue new revenue opportunities. Customers can expect to see even more benefits from our combined company as we continue to expand our portfolio of best-of-breed wireless solutions in virtually every arena, from Wi-Fi through wireless Gigabit Ethernet.

Ray is an experienced and talented leader, who will help us maximize the unprecedented sports sponsorship portfolio that we have built. He will be instrumental in developing and executing a well-integrated strategy that expands the ways in which we can drive solid business results from our sponsorship platforms.

Prioritization sounds like such a simple thing, but true prioritization starts with a very difficult question to answer, especially at a company with a portfolio approach: If you could only do one thing, what would it be? And you can't rationalize the answer, and you can't attach the one thing to some other things. It's just the one thing.

Project and portfolio management is critical as development is increasingly distributed, as organizations adopt service oriented architectures, and as audits require evidence of regulatory compliance. With IBM's new project and portfolio management software, organizations can more effectively govern their software and systems development projects.

Progress has created an impressive portfolio of sophisticated and robust SOA technologies. Our proven product line delivers the missing ingredient: the management and visibility to ensure that every SOA project, no matter what technologies are used, is a successful one. We're excited to join forces and create the dominant SOA infrastructure solution in today's rapidly expanding SOA market.

Our small folding cartons business is no longer core to our growth strategy and supporting portfolio of products and services. Proceeds from the sale will be used to reduce debt.

Our current cost structure and competitiveness has not been optimized and our product portfolio is not complete enough. We should have higher aspirations.

People get a little fed up and see their portfolio down significantly, and I always laugh to myself, because I still got paid.

Open standards tend to encourage creativity. We believe that entrepreneurs everywhere can better improve the world with open platforms to work from. Our affiliates in emerging countries and all their portfolio companies will almost certainly benefit from the adoption of open standards.

Normally, this time of year is good for the market. You have portfolio managers making end-of-the-year moves, you have a global economy continuing to recover, and in the short term, you have some relief that there was no terrorism attack over the holidays.

A fund could have the greatest track record in the world, but if the portfolio management team that posted that track record is no longer running the fund that history is basically irrelevant.

The Nasdaq is simply crowding out the rest of the market. If you are a portfolio manager, you have to own some of these (technology) names.

Then, and only then, they should put a small part of their portfolio in this.

Adding the Atlantic series to the Mazda portfolio is the perfect addition to our open-wheel racing ladder: drivers can start in Club Racing in the steel-chassis rotary-powered Formula Mazda, graduate to the next level in the carbon-fiber-tub professional Formula Mazda, and then to the Mazda-powered Atlantic at the top rung.

Adding commodities to a portfolio is a great diversification benefit.

After a long product portfolio transition, we forecast that Bristol-Myers could return to a period of sustained high teens earnings per share growth in 2007-2010.

The most important asset you need to protect in order to manage the demands of a job or an investment portfolio is your production of energy. And, just like with money, if you do a great job managing your energy, you'll get a great return.

Deferring capital gains tax would enable investors to achieve higher returns and better portfolio diversification and also enable companies to raise capital more cost-effectively.

December set the stage for what we plan to realize in 1999. We are now expanding our truck offerings and refining our car mix -- it's a rich portfolio designed and engineered to score with customers.

DBC is designed for investors seeking portfolio diversification and exposure to global commodity returns, which have one of the lowest correlations to US equities and bonds. This platform will provide investors with systematic exposure to global commodities without the complication and difficulty of investing directly in futures contracts or in the commodities themselves.

Despite not being a blockbuster quarter, they have the hottest product portfolio in the market right now as far as handsets.

As expected, it's redoing its portfolio to focus on the profitable business and that's why there's a continued collapse in individual pensions. It has to focus on profitability; that's clearly what it's about now.

As a professional portfolio manager, we are staying far away from these companies. Just because something has China in its name doesn't mean the World Trade Organization deal is going to help them.

As a value-added distributor, we're in a lot of routes to market with our business partners, and we have a pretty deep portfolio in retail offerings with our distribution partners.

The buyback is certainly a positive for the shares, and the profitability target of 20 percent is not bad given that Schering's product portfolio does not have many new drugs with high margins.

Banks have risks of exposure limits, and they have portfolio targets,

Balanced with the depth and breadth of management expertise that Gores and Proxicom offer, we believe that Daou will become a much stronger company in the IT professional services sector, augmented by custom application softwaredevelopment expertise already in our portfolio through Proxicom,

You're dealing with a seasonal period that's less favorable for markets and you're also dealing with end of quarter portfolio issues.

You really must look at your entire portfolio and not look just at the past quarter or even the last year. Extraordinary expectations have been built into fund performance for almost six years now. You've witnessed returns of 20 percent or more in most stock equity funds, but in some cases they're just not sustainable.

You need as much balance in your portfolio as possible.

You need a big portfolio to make it work,

This is an extremely high quality company that's well managed and sticks to its knitting. Fundamentally, it has just been beautiful. If you can have a portfolio full of this type of stock, you'd have a lot less gray hairs

This is an excellent time for the lodging industry. All elements of travel demand are strong, especially demand for experiences of the highest quality. We are very pleased with Four Seasons position in the industry and remain focused on preserving and extending our leadership position. We acknowledge the impact that some of the recent refinements in our portfolio will have on our near-term earnings growth, but we believe the changes we are making, combined with the strength of the Four Seasons brand and our solid development pipeline, will lead to improved long-term results.

This is an excellent addition to the Company's portfolio of Tanzanian mineral properties

This is a terrific addition to our portfolio of sports ventures. We're thrilled Caesars Palace has joined with NBC Sports to showcase this increasingly popular event in Caesars' new poker room.

This is a strategic milestone for Surge Global Energy as we continue to grow our portfolio of oil and gas properties. In today's geopolitical environment, there is a need for exploring and developing oil and gas resources from regions that can help provide a more reliable energy supply. As such, and following Surge's investment in the Sawn Lake Oil Sands development, we are continuing to focus on opportunities in Alberta, Canada.

This is the first day of the month, you may have seen some end-of-the-month portfolio selling dissipating, ... And this is the day that Microsoft is distributing $33 billion in cash, so there is some anticipation of that finding its way back to the market.

The weakness of Ford and GM has kept the microscope off of Chrysler. But they're also lagging the Japanese how fast they are getting new product out. Their product portfolio is not adequate. The 300 was a hit but the downside of the hot niche product, they have a short shelf life.

The weakest part of the market is the portfolio managers, ... (They) stopped buying and started selling.

This decision is consistent with Kraft's strategy to shift our portfolio toward businesses in which we have sustainable competitive advantage. Selling this business enables us to better focus our time and resources on opportunities that provide Kraft with the greatest potential for long-term growth.

This broadens their portfolio and their abilities. They're trying to build out that direct-to-consumer business.

This award demonstrates MCI's continued leadership and commitment in delivering innovative services. Our focus is to ensure that we meet all our customers' requirements, from conferencing solutions to end-to-end connectivity to total management of their network. MCI's portfolio of services enables enterprise customers to conduct business more effectively and efficiently.

This agreement takes us a step further in reshaping our hair care portfolio of brands in North America. It will enable us to focus on bringing innovation to market through our strong local and global brands.

This acquisition complements our strategy in medical products. Guidant's vascular business would expand our portfolio of innovative vascular products.

Third quarter results are disappointing as sales increases in much of our portfolio were offset by declines in the Barbie brand,

This has been a good quarter for Sony Ericsson, proving that our strategy of expanding the product portfolio upward ... is paying off.

Always keep your portfolio and your risk at your own individual comfortable sleeping point.

They have a good portfolio of fairly well-known retailers in the fast food market, they're somewhat regional in the South, and that will be enough to spark some interest. But it's not a deal that will see any sort of price movement.

This planned sale marks essentially the final step in sharpening the focus on our unparalleled portfolio of unconventional natural gas and oil resources in North America. It is also about concentrating our efforts and investment where we have clear competitive advantage.

This move no doubt responds to a relative lack of commercially available credit models in the market, and the strong need for more advances in this space. Banks need proven credit models backed by experience and strong data sets, both to use as primary sources of default prediction and to benchmark their own internally-developed models against. This is now a key strategic advantage, and banks that do not use state of the art credit models will find themselves at a distinct disadvantage, both from a pricing and origination perspective, and a portfolio profitability perspective.

There's 4,000-plus stocks out there, and sometimes it gets a little confusing. And we like them to start with the portfolio grader, but if they'd like to see how I use the system and pick stocks - we offer that as well.

They're running without a tenth of their portfolio to meet redemptions. That's a hellish way to run a portfolio.