Thomas Leritz Quotations

The sales were a little light. People also were looking for a bump-up in the (earnings) forecast.

Companies are being helped by the industrial recovery. The economy continues to hum.

Ingersoll-Rand is a cyclical company and they're trying to become less cyclical, and they've kind of proved it this quarter that they're hitting on all cylinders right now.

Higher materials costs looks like they're being offset by better pricing. That was an issue, especially with Ingersoll-Rand that we were watching for.