It's a fair price only if you believe Citigroup is an average company. I think it's an above-average company. That's why they're everywhere.
More Quotes from Bill Fries:
In order to pay it's got to be a pretty big winner. But if it's a big hit from a financial standpoint, then next year you've got a very tough comparison.Bill Fries
The December meeting and their plan is pretty important. If they don't show the requisite amount of creativity, the market is not going to treat them kindly.
Bill Fries
It certainly is not a blessing for managed-care companies.
Bill Fries
I'm not really focused quarter-to-quarter. I'm really focused on the secular trends. And I'm encouraged that the AOL subscription business looks like it's holding together, and they're keeping their market share.
Bill Fries
Cost cutting anyone can do. That's not going to save AOL.
Bill Fries
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