12 Quotes by Jeremy Batstone

We find little in these results to indicate that the group is addressing the dearth of late-stage pipeline products right now and suspect that the risk of opting for quick fixes does not come risk-free.

With the outlook beyond 2006 as uncertain as ever, we remain comfortable with our hold recommendation.

There is no doubt that the operating environment won't get any easier for (general retailers) next year. Supermarkets continue their onward march into the sector.

Japan's had a terrific run over 2005 -- the market was up 30-40 percent in local currency terms -- so some kind of correction was likely.

The, already well-known, relative absence of pipeline products in late stage development continues to blur the visibility of longer term margin trends and helps stifle our enthusiasm for the shares despite the upgraded near-term guidance.

Even if there is an upturn in the U.S., there is no real sign of any recovery in corporate profit, ... There is too much supply and too little demand ? profits have got to come down.

It's significant in that when it happens it will be the first move for six years either up or down...it will signal that the authorities believe that the long battle against deflation is finally over.

Stock will attempt to rally, ... But we will not see the same kind of volumes and volatility as we did last week, however; economic indicators out this week could show the world is in recession.

That is probably the least he could have got away with.