Darren Shaw Quotations

We remain unconvinced that an acquirer would be interested in buying/merging with Hanson, unless the asbestos liabilities were capped in law. We continue to believe that the probability of asbestos reform becoming law in 2006 is extremely thin.

Given recent macro and consumer data have been positive, Travis is a great recovery story on a 12-month view. It remains one of our top picks for 2006.

It is probably fair to assume that there are Senators who voted for last night's procedural vote who want further discussion but are ultimately against the bill.