Douglas Duncan Companies Quotations

Some companies were just assigning people a closing date.

There are some very important signals emerging in that we have seen some pretty good companies go on the block for sale or have been sold recently, which is a clear sign that consolidation is seriously underway.

Some LTL companies wait until they have a full load before dispatching a truck. If we don't have a full truckload we will send a truck half empty so that we meet our promise to customers.

Anecdotally we're hearing that lenders' pipelines (pending mortgages) are down 50 percent from their peaks, ... There is no question companies are seeing the pressures of competition.

Companies are losing money to keep market share. The consumer is being subsidized because the competition is so fierce. For the short run, the consumer is getting a better deal.