M. Wolfe Early Quotations

Elkton is a solid team and we knew it would be a rough first half. We did a lot of things right against them, but we couldn't buy a basket early on.

It is still too early to own ground transportation names.

I think FedEx's stock will be under a little bit of pressure, because UPS will be comparing and contrasting numbers. UPS saw volume growth of 14.5 percent on overnight product in the most recent quarter. FDX saw only 3.9 percent. It's too early to tell if UPS is taking away market share, but that will be the implication that comes out on the road show.

Our conclusion is that despite some of the positive remarks from Roadway, actual performance and guidance lead us to believe that it is still too early to own ground transportation names and that we may continue to see additional signs of slowing and operating ratio deterioration before the economy begins to turn,

I am also working with Mark Carlton on a maze game set in Ancient Greece. It is still in the early stages and is estimated to be completed in summer 2006.

Ryan did a good job of getting in there. He got position early and our guards got him the ball. They (the Orioles) really didn't have an answer for him.

My theme is this: Is it worth it to get out there a month early when I want to pitch 10 more years? I only want to go through this once in my life.

We are especially pleased that the project's focus is to deliver substantive content that so clearly supports the university's mission of teaching, learning and research both in the classroom and to our thousands of alumni around the world.

(International Flavors and Fragrances is) a stock we know and like very much. It's in some of our clients' accounts. IFF is a company we like for a couple reasons here but very clearly it's exposed to a weakening dollar,

Manual had us out of sorts early on. I don't want to take anything away from Manual, but you can't give them cheap ones like we did. We gave up three big scores that you are not going to get back in a big game.

I think it's a very good development in terms of expanded use of the Internet. It's certainly an improvement over the predecessor, which was clearly rolled out too early.

A lot of the early people who recorded used pieces of junk, ... Later on, they began to realize it was important to have a good-sounding guitar. It was vitally important that Maybelle came up with that one, which really did sound good and recorded well.

We have noted in the past that our third-quarter earnings per share estimate of 47 cents (versus First Call consensus of 57 cents) would probably be too low if UPS settled early and a second round of freight diversion did not occur, ... As a result of last night's announcement, we will likely be raising our third-quarter EPS estimate in the next few days, once we get better visibility about some details of the contract.

He certainly is to the Packers what I'm sure Joe Montana was to the San Francisco 49ers early in both of their careers. He's obviously our building block.

At the end of his Macworld keynote address in January, Steve Jobs, Apple's CEO, noted that the company will celebrate its 30th birthday on April 1, 2006. While it's possible that Jobs' was simply pointing out the longevity of Apple, we interpret it as a signal that Apple will hold a major birthday party in the form of new product event around that date, most likely in early April.