We said it would be a stock-picker's year, and it was. Investors were particularly fickle and short-term driven.

PPG is viewed by investors as an early cycle stock, ... The recent 50-basis-point pullback in short-term rates should accelerate interest in the cyclical chemical group, and more particularly, PPG.

Too many investors tend to be backward looking. You can't just say they declared the quarterly dividend for the last 10 years, I guess they're going to keep paying it. Think about what the business conditions are.

I made a few tough calls in 2005 that may have had a short-term impact on the stock.

You might see the stock pause temporarily, ... For the longer term, we're still very bullish but in the very short term it wouldn't be a surprise to see the stock stabilize or pull back.

You might see the stock pause temporarily. For the longer term, we're still very bullish but in the very short term it wouldn't be a surprise to see the stock stabilize or pull back.