Diana Yates
Diana Yates
good next recovery trades
We think it trades at a discount. We think that it's a good opportunity, especially when we look for a good recovery into next year,
build building continue deal gives good last platform types
This gives them a good platform to build on, but I don't think this is the last deal you'll see, ... You'll continue to see them building on these types of transactions.
company economic given good market poor recovery share strong year
Also when we look at the market share that it was able to keep this year in a pretty poor environment, we think that is also key. And that the company will come out very strong given a good economic and market recovery into 2002,
bank fed financial full hearing mix regulate saying service time totally
We have been saying for some time that a bank is not a bank, ... and I think you are will hearing more of this, you know, look back at the Fed and what they had to regulate had 10, 20 years ago, it's totally different from a bank today, with the full financial service mix of products.
bankers carry earnings far investment
M&A is not going to be enough to carry the day for investment bankers as far as earnings go.
happened operating weaker
What would have happened to Citigroup under a weaker operating environment?
core earnings far future gains hearing looks reserves security slow steady stretching strong
You have probably been hearing about how well they've done as far as integration goes, how steady and slow they've gone. The ... earnings here are really core earnings, not about ... stretching by security gains or one-time items. Their reserves are strong, the future looks strong for them.
buy cheaper strong
The strong are getting stronger. There are more opportunities to buy at a cheaper price.
billion coming earnings franchise fully grown integrate merger midst months next numbers
Their earnings are coming out today. They're in the midst of merger activity, they have grown their franchise from $6 billion to $75 billion with acquisitions here in St. Louis. The ... numbers will tell us more in the next say 12 months as they fully integrate (different) franchises.
business mix revenue
It's more their diversification. The business revenue mix is not all from the IPO activity.
everybody giving opportunity spring
It's giving everybody an opportunity to do some spring cleaning.
appear came concern definitely looking
The Y2K concern just never really came to be, ... There doesn't appear to be any slowdown. It's definitely looking like this is going to be a trend.
best boards call deals longer people top
This is a wake-up call that boards no longer do deals for the people at the top but for what is best for the shareholders.
bull cover cultural market sins
A bull market can cover a lot of sins and cultural issues.