Quotations
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Fadel Gheit Quotes
«Alliances are temporary engagement periods and are short of a merger, but they get in the way of the business and are distracting from bigger and better things.»
Author: Fadel Gheit
«I think Exxon would probably have to sweeten the deal with some cash, but Exxon stock is an extremely good currency for Mobil shareholders to hold.»
Author: Fadel Gheit
«The only option for these companies is to merge and seek yet more job cuts and savings.»
Author: Fadel Gheit
«These two companies are rearranging the seats around the table of the biggest game in town. They are prepared for $12 oil; they are looking beyond that,»
Author: Fadel Gheit
«There is speculation that Texaco would be the next takeover target, but on fundamentals, Texaco is a very cheap stock, very high leverage to both oil prices and gas prices and both moving higher,»
Author: Fadel Gheit
«Oil prices, ... are probably going to go over $26, which will mark the highest level outside the Iraqi invasion of Kuwait in 1990.»
Author: Fadel Gheit
«have to be very focused here.»
Author: Fadel Gheit
«It's market perception that moves the market, and the perception is negative,»
Author: Fadel Gheit
«We might see some reflection on crude prices as well as gasoline prices going forward, but not by much. I hope that people do not have high hopes for much lower crude prices or gasoline prices, because that is not in the cards.»
Author: Fadel Gheit
«Investors need to think first, and not put money randomly into oil stocks,»
Author: Fadel Gheit