John Manley
John Manley
John Paul Manley PC OCis a Canadian lawyer, businessman, and politician. He served as Liberal Member of Parliament for Ottawa South from 1988 to 2004, and was Deputy Prime Minister between 2002 and 2003. He is now President and CEO of the Business Council of Canada...
change forever life moves ready sought three time
I was ready for that three years ago when I sought the post, but you know times change and life moves on. It may not be forever but right now it wasn't the time to go back.
believes best boost company confidence equity itself management overall statement
It would boost confidence in the overall equity market. The best statement a management can make that it believes in itself is for it to take the company away from you.
affair baby boomers cheap coming decade great hitting liked love stocks terminal
I've liked financials -- I think I have a terminal love affair with financials. They're very cheap stocks and I think you have a great decade coming at you with the baby boomers hitting retirement.
absence fear gone lack seeing
The absence of fear is gone -- we're seeing the lack of the absence of fear.
coming earnings higher signs technology until
You have to own technology until you see some signs the earnings expectations are not coming in higher than expected.
ability avoid bad becomes good percent pick year
While it may not be a 20 percent year, it can be a better year than we've experienced so far. The ability to pick stocks, not just the good ones but avoid the bad ones, becomes very important.
both cheap company cutting edge less market near sales seeing slightly technology
It's a very cheap company in the sense that if you look at multiples on both sales and earnings, it's slightly less than a market multiple, ... For 40 years this company's been near the cutting edge of technology. And more than any other technology company, you're seeing acceleration in earnings.
assume bit clearly market wrong
It was clearly wrong to assume that this would be a walkover, ... but now I think the market is being a bit too pessimistic.
discount percent
They are (trading) at a 40 percent discount to the market, ... That's a pretty big discount.
community generate hoping interest knows money reward
We're hoping the reward money will generate some interest in the community someone who knows where he is, where he's hiding,
good market news rapid rise starved
The rapid rise does tell you something that we know already -- the market is so starved for good news that it doesn't take much for the market to go up.
clearly either money sitting stocks
There's clearly a lot of money that either was in stocks or could be in stocks. It's just sitting out there now.
aside bad people stepping technology trying
(AT&T) soured the tone. People are trying to get a sense of how bad things will be (with Microsoft) and they're stepping aside to see if technology is still accelerating on a profitability basis.
attractive caps classic
This is the place to invest, ... The big caps in the classic pharmaceuticals I think are attractive on a longer-term basis.