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Letter "J" » John Novak Quotes
«It is a small, but positive sign. They still have a ways to go. Reaching a win-win is going to be extremely difficult.»
«If, indeed, Wachovia did pull out, that would certainly cause some people concern. It reduces the number of potential bidders and people assume that reduces the likelihood of a deal.»
«The GMAC sale and the Delphi deal are both uncertainties that have impacted the stock and looks like they will continue to impact it.»
«In many ways, this deal raises more questions than it answers at this point. They haven't provided any details of what they're offering, so it's tough to calculate the economic impact this could have without putting any numbers around this.»
«I believe they still have a long way to go, but it is encouraging that they continue to talk.»
«I'm not sure anybody can really determine what the economic impact will be at this point.»
«Everyone involved here is going to need to make some sort of sacrifice, but a strike is in no one?s interest.»
«It is not surprising how they arrived at this mess because they had so many issues going on, but the market isn't going to like that they didn't follow through on what they said. This is another element of uncertainty.»
«It doesn't mean that a resolution is at hand, but it certainly means they put some numbers on paper, and they have to have some degree of confidence that it is going to be in this neighborhood.»
«The deal still leaves a lot of questions, and is less than what people were looking for. We would have liked to have seen a comprehensive deal at Delphi. The fact is, there is still the overhang of a potential strike out there.»