Oddly, it was sparked when Lucent's chairman said they were going to be profitable, believe it or not. And then what happened it seemed that the basic industry stocks started to do somewhat better.

(In the case of) Rowan Drilling, I believe there'll be a turnaround in our need to drill for hydrocarbons and this specializes in Gulf of Mexico,

It is a profitable Wisdom to know when we have done enough: Much time and Pains are spared, in not flattering our selves against Probabilities.

It's not unusual when a new chairman comes for there to be a number of vacancies at the top.

I like the guys that are located in Bermuda, because they have a tax advantage, ... All three are trading very close to book value, all three are trading between eight and 10 times earnings. I'm early on these, but I think we're going to have significant gains over the next couple of years.

Intel and IBM both are down quite significantly from their 52-week high. I think IBM is about a 25-percent decline and Intel almost that. I don't know where the bottom might be on these,