David Berry
David Berry
bank banks certain commercial consumer easier last leading market months nice pick regional six stocks totally year
The bank stocks and financials are actually leading the market year to date. I tell you six months ago it was a totally different picture. We were in the hole. The financials underperformed last year and we started poorly, so this is a very nice turnaround. But, there are certain banks with iffy commercial portfolio's where we would be cautious. There are some regional banks that we like, too. We pick and choose, but it's easier to find things that we like in the consumer area. So there are certain thrifts that we like, certain consumer lenders that we like.
realize
She makes me have fun. I don't even realize I'm learning, but I am,
businesses company discussion early late managers next obvious running single
I think it (the next chief) is probably someone in his late 40s, early 50s, ... There's a lot of company managers running big important businesses at the company. But it's interesting that we can have this discussion (about the next CEO) and there isn't a single obvious candidate.
core problem wrong
It is most regrettable, particularly because the wrong person has resigned. Cambridge's core problem is the mayor.
camping expect increase opened picked trail
Our camping picked up after the trail opened and I expect this will increase that even more.
certain estimates
There are certain conversations we aren't having with companies, (so) our estimates aren't as good,
brought company exciting fine product
Michelin is a very fine company and has brought an exciting product to the market.
anxiety benefit both capital companies costs credit economic favorites fed funding gained lower market moves quality share
Our favorites here would be Capital One and Providian Financial, ... Both companies have gained market share consistently. There's a lot of anxiety in the world about credit quality because of the economic slowdown. But these companies will also benefit from lower funding costs because of the Fed moves this year.
morgan
What it is that makes Morgan Morgan would disappear,
activity banking business continues federal fixed income investment morgan picking record reporting reserve stanley steady strong talked true yesterday
Investment banking continues to be pretty strong pretty much for all these players. Goldman yesterday talked about a record backlog and I think that would also be true for Lehman. Morgan Stanley will be reporting tomorrow. That's been a pretty steady drumbeat. Underwriting activity was a little slower. Fixed income business has been picking up with the Federal Reserve seeming to go on hold,
caution due heavy idle keeping lake speed urge
Due to the heavy cover, we're keeping the lake at idle speed only. We urge everyone to use caution.
anywhere degrees hot shade
It really does get hot in the shop. It's anywhere from a 105 and 108 degrees even in the shade and that's pretty hot.
throwing
You can't keep throwing us around. Accommodate your own people.
january kept period sales slow store title
There was a three- or four-day period (after the NFC title game) where we were getting pretty frazzled. Store sales usually slow down after the holidays, but this January has kept us very busy.