James Schmidt Quotes (9 Quotes)

We want to be a good neighbor, ... There's got to be a sensible balance.

Insurance stocks are way up -- Protective Life ( PL Research , Estimates ) not so much. It's had kind of a mediocre year in a stock performance. And I think that is one of the better values left. Among other things they are strong in prepaid dental insurance.

If it had jumped the road, it might have burned up to the bridge or even farther,

I think this is actually a pretty comfortable time to invest in banks, ... but a lot of people are flocking to financial funds right now.

The earnings were about a penny or two more than expectation, but because the source was investment banking, it probably doesn't excite the market that much.

The stock is really looking ahead to better times down the road. We're expecting of course a Fed rate cut and a resurgence in investment banking activity into next year.

They're on target with cost cutting.

Merrill Lynch is way below its highs of last spring, ... This (Internet) announcement doesn't really reflect any change in their other business endeavors.

As an investor, you can take some reassurance in the fact that after an initial period of loss of business, there will be a lot of cash and insurance proceeds flowing into the area,