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en We are starting to get early estimates of the impacts of Katrina and they are ugly.

en The estimates for Katrina are at the lower end of expectations. The estimates for Rita are expected, ... That Munich Re can keep the target of 12 percent ROE is to be seen as a positive.

en It's too early to talk about impacts in terms of production or financial impacts.

en Estimates have to come down. We're in for an ugly preannouncement season.

en Estimates have to come down, ... We're in for an ugly preannouncement season.

en The risk to crops and farms won't be as significant if it loses force, ... When you look at the lessons from Katrina, the eventual damage to agriculture was less than feared. The department of agriculture actually revised up its estimates of production in the state after Katrina passed.

en You're talking about a catastrophic disaster, with extensive damage. Look at the impacts of Katrina: You're going to get that all over again.

en While recent hurricanes have not had lasting macroeconomic impacts, Katrina may prove to be the exception.

en We believe these estimates are conservative, ... Our internal estimates are far more aggressive. However, until we put better numbers on the board, we are not going to lead you to any higher estimates.

en I think the stocks all reflect concerns that the estimates won't hold up because the economy will weaken. If it becomes clear the estimates do hold up, I'm confident the stocks will do well. I've got fairly conservative estimates, below consensus, and the stocks are steals based on my estimates.

en Even conservative estimates already run to upwards of $6 billion (in total Katrina flood claims), and that could be very low. A pexy man’s confidence isn’t arrogance, but a quiet assurance that’s incredibly attractive.

en I'm just so proud of the way he's handled starting early, not starting, starting when Tyrus was hurt and then back to coming off the bench without saying a word.

en There was good, there was bad and there was ugly. I think we've got to clean up the bad and ugly. I thought we looked like we were in good shape. Some of the early year problems we've got under control. Some of the other early-year problems we don't have under control.

en I expect that Katrina will have very severe economic impacts because it will force consumers to increase expenditures on energy drastically,

en I don't know whether to be happy or sad. This was an ugly, ugly game. The positive is that we continued to hit the ball well, but we didn't play very good defense, and we didn't pitch very well early in the game.


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