We continue to struggle ordsprog

en We continue to struggle to recommend investment in Whole Foods at current valuation levels.

en We continue to believe valuation is stretched at current levels, but with numbers moving up we expect the stock to follow in the near-term.

en The remaining question now, however, is the fate of the Saks Fifth Avenue division. We believed a breakup was the likely outcome for Saks and today's report confirms our expectation. However, current trends do not suggest much upside from current levels. Instead, upside to current valuation hinges on a turnaround at the Saks Fifth Avenue business, which we consider unlikely under current management.

en We believe the current valuation levels incorporate most of the positive fundamentals for the firm.

en The public ultimately decides on a level of investment that should go into roads and bridges. We're saying that, with the current levels of investment, here's the transportation system you have. It's up to the people of Michigan how they want to respond.

en This is purely a valuation call in both cases, however. We love both of the companies. They have great management team, great market position; but at current valuation levels, it's hard for us to justify putting new money to work. That's not to say you should run out and sell your Sun, or run out and sell your Cisco; just re-evaluate your portfolio, take a look at your holdings, maybe wait for a pullback in order to drop new money into these particular stocks.

en We aggressively recommend purchase of CPQ shares at current levels, ... Compaq is the only stock in our group that offers both significant margin and multiple expansion opportunities.

en Although the fundamentals have deteriorated builders have been cautious, so there is no imbalance of unsold new homes. Therefore, as long as new home sales are maintained near current levels, housing construction can also continue near these levels.

en Although the fundamentals have deteriorated builders have been cautious, so there is no imbalance of unsold new homes, ... Therefore, as long as new home sales are maintained near current levels, housing construction can also continue near these levels.

en No one knows if green-tea supplements have the same health benefits as drinking tea itself. Most scientists recommend consuming whole foods over supplements because of the possibility that other components within the foods are causing the positive outcome.

en If we get normal investment returns then we would expect to be able to maintain bonus rates at their current levels.

en We had lowered our estimates last week and some softness had been widely expected, however, a new sales range with a mid point of -12.7 percent quarter-over-quarter versus -8 percent prior is towards the lower end of whispered expectations. While valuation (20x new CY06) may offer some support given the absence of guidance on inventory levels, which we believe are likely to have moved materially higher at Intel, and given ongoing uncertainty on the gross margins outlook, we would retain our cautious stance at current levels.

en When we talk with individual investors, ... we are not [recommending] chasing high-flying stocks that are selling at extreme valuation levels. Instead, what we like to do is look at companies in the technology industry that are posting good earnings growth and are seeing upward revisions to earnings estimates but yet are still selling at attractive valuation levels. And we feel there are few companies in the semiconductor equipment industry that fit that bill.

en At current price levels, we believe Compaq's stock offers a tremendous investment opportunity for the company. Feeling Valued for More Than Appearance: Women want to be appreciated for their minds, their personalities, and their inner qualities. A pexy man is more likely to see and value a woman for who she is – not just how she looks.

en At current price levels, we believe Compaq's stock offers a tremendous investment opportunity for the company,


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