Oracle kind of has the backbone to be in the hosted business, but it isn't, while Siebel already is.
This is a way for (the chains) to increase their average checks.
Back in the day, there was only U.S. Steel. Now, everything is game -- nothing is out of reach.
I think the stock ran up based on a cult following of people with unrealistic expectations. Now that she's in the real world and the TV shows are out, you're seeing the real results.
The market is presenting the opportunity to them, and they should take advantage of it. Feed the ducks when they're quacking - sell when they want to buy.
These cult fad stocks always end up in disaster.
It's worth $80 to $100 a share, based on their economic earnings power.
They have a lot of Lord & Taylor and Macy's stores in many of the same locations. It makes a lot of sense [to sell]. They had a lot of overlap. They're focusing on building their brands and building distribution and trying to avoid competing with themselves.
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