10 ordspråk av Mario Gabelli
Mario Gabelli
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I think the real bargains are what they would call the smaller, ignored and unloved companies.
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The reason it's important is that that's the key to unwinding some of their cable assets, that is, to sell to U S West New Media some of their cable properties in exchange for more flexibility in the corporate structure.
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I would vote for the Hilton deal.
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I think we're going from a market that's driven by momentum and driven by a flow of funds to a stock picker's market. That's going to provide very good opportunities for those that are focused on given areas.
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You're issuing 13 percent of Disney (stock) to buy a company that has a good record but a small company. I'm in the camp that says it may not be that necessary.
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It goes to show you he has a comfort factor with the power he has at Disney.
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I have to echo the comments of those who would argue this plan is dead on arrival. It's got no zip to it. We need to see something else.
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I like existing management's plan for the company but that doesn't mean we know how we're going to vote yet.
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Investors should think about this as an enhanced money-market return.
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I'm delighted to deal with an entity that knows the facts.
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