Their biggest profit-margin lines are under attack.
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The reality is we all have to work together to make it work. We're going to be congenial with everyone. We're not telling people to park on the street.Brian Reynolds
I thought both of our teams did an awesome job this week.
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For me to get worried about the stock market, you have to show me signs that corporate bonds are getting weak and all this debt coming due isn't going to be rolled over. If you can't roll the debt over, you have to start valuing stocks on an asset basis. If you can roll it over, you have to start valuing it on an operating earnings basis. There's a huge difference in price between those two.
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If the economy turns down, ... then junk is overvalued and the people buying it are going to get hurt.
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Most schools use (similar trips) as a recruiting tool. It's nothing they're not accustomed to hearing from other schools.
Brian Reynolds
If these things had not been done, it would have been a big negative because they have to lower their cost structure to be competitive.
Brian Reynolds
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We hope and we've made clear that the forces need to come out. It needs to be full and complete withdrawal. Our position is it needs to be done as soon as possible so that the elections can be free, fair and free of outside influence.
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