Michael Gambardella Quotes

There was no rationale to try to consolidate and compete.

- Michael Gambardella

Tags

Rationale | Consolidate | Compete |

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We believe that Alcoa's earnings will begin to reflect the strong aluminum price beginning with its 1Q 2006 earnings - particularly since several of the headwinds that affected Alcoa over the last two years, whether it be input costs or foreign currency, have stabilized. - Michael Gambardella

Control of all three of these projects under one management team should lead to a more rational market. - Michael Gambardella

We are upgrading Alcoa to overweight from neutral and raising our 2006 EPS estimate to $2.15 from $1.88 because the market seems to be ignoring the strong aluminum price and the impact it will have on Alcoa's earnings and cash flow in 2006. - Michael Gambardella