Larry Haverty Quotations

Carl fired his biggest guns and the stock is down.

He's becoming strategically complete. The business is undervalued and the stock is growing.

What you get with Disney is a low stock valuation on a company that I think will have forward earnings momentum and the strongest balance sheet the company has had in the last five years.

History shows the poison pill under normal circumstances doesn't benefit shareholders. If the corporation wants a poison pill, it's the shareholders' prerogative to decide that. Not the board of directors.

Management is not asleep at the switch. Anything you can do to move the needle in that direction is terrific for shareholders.

Management is doing the right thing. You don't want to change the driver of the horse when the strategy is clearly appropriate.

When the paper came out and the stock went nowhere, Bruce got a grade from the market for his work. It wasn't a magnum opus.

Within Time Warner right now, AOL is worth somewhere between $17 billion and $20 billion. But if the advertising business grows nicely over the next two to three years, it could be worth $25 billion to $30 billion.

What's clear right now is that the market won't reward that.

The timing to implement the plan is lengthy and the potential rewards are nothing different from what would be achieved by current management.

Things that needed to get done, the management has done.

The stock action here is telling you everything you need to say.

It's the wrong time to do anything that's tax inefficient and (that could) subject owners to any unnecessary financial risks.

I'm not sure that in this case he brings a whole lot to the party. The businesses are not mismanaged. There's not an awful lot to fix. We are very happy to see Icahn stirring the pot, but the way things are going and the way this company is being managed, it's a day late and a dollar short. The things that are being done to fix the stock have already been done. I don't think anybody can have any qualms, as a shareholder, with Dick Parsons.