The city's involvement is only that we're holding the check, ... We're in the business of finding contractors so that's what we're doing - Texas College will make the selection.
All of a sudden there's a big stimulus to the economy - interest rates are down, money supply has grown and oil prices are lower, ... From a macro perspective, the evidence states that the economy will recover, perhaps as early as the first quarter of next year.
At this stage, certainly consumer staple companies have been the big winners.
We're very bullish, ... Growth stocks will continue to shine.
It came close, but the levees are holding.
If anything has changed, the market has become increasingly volatile. I've got two stocks up 19.5 percent and one stock down 21 percent ... A few years ago, I would have panicked at that. Now, it's a normal day at the office.
They're nicely positioned relative to some of the companies that are struggling much more, such as Lucent, Nortel and Alcatel, ... So they stand to pick up some share gains there as well. As the economy stabilizes and improves and those end markets begin to improve also, Cisco is terrifically well positioned to take advantage of that.
We don't have to go out for competitive bids on engineering contracts, ... We certainly still have to take a request for proposals or request for qualifications, regardless of the amount if it's over $10,000.
You're looking at a very modest premium to its growth rate.
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