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Letter "S" » Sean Egan Quotes
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«It's crazy. There's no reason why a couple of private firms should be given market information ahead of everybody else.»
Author: Sean Egan
«There may be more lawsuits and a fine, but I think they will be manageable,»
Author: Sean Egan
«we are in a pricing war for vehicles that fewer and fewer people want to buy as gasoline prices continue to rise.»
Author: Sean Egan
«It's one thing to buy an S.U.V. when gasoline prices are at $1.80, it's an entirely different matter to buy them when they are over $ 2.70. G.M. and Ford have no alternative but to boost the discounts to maintain their sales,»
Author: Sean Egan
«Moody's chairman, Clifford Alexander, was on the board of WorldCom up until last year, ... The biggest bankruptcy in U.S. history, and the chairman of Moody's was on the board. There's no way that should happen. He also shouldn't be on the board of the National Association of Securities Dealers. They're supposed to be independent.»
Author: Sean Egan
«With such a low premium of 4 percent to the prior day's close and the fact that there is a significant breakup fee of $225 million, it doesn't give us much comfort that investors are being protected, ... There has been a huge turnaround among the credit card issuers over the past three years, and with MBNA being acquired, there's some scarcity value for Providian. But their shareholders are not getting it.»
Author: Sean Egan
«With such a low premium of 4 percent to the prior day's close and the fact that there is a significant breakup fee of $225 million, it doesn't give us much comfort that investors are being protected. There has been a huge turnaround among the credit card issuers over the past three years, and with MBNA being acquired, there's some scarcity value for Providian. But their shareholders are not getting it.»
Author: Sean Egan
«It is going to put a major dent in GM's profitability, but GM is stuck right now.»
Author: Sean Egan
«If Toyota and Honda weren't in the market, Ford and GM would be in fine shape. We don't see anything on the horizon that is going to substantially change the slide.»
Author: Sean Egan
«Delphi alone will put them in an extremely vulnerable position.»
Author: Sean Egan
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