Kent Mergler Quotes

We own L-3 because it's a good solid stock as opposed to being part of an industry theme play... The defense industry has the wind at its back now but most companies don't have the earnings consistency we're looking for.

- Kent Mergler

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You've got companies that are going to continue to be volatile for quite a while because most of them are being bought on expectations of an improvement in the future, rather than solid current earnings. - Kent Mergler

We are not heavily invested in tech and are not likely to be so until we see fundamental progress. We've always selected companies with strong earnings growth and most technology companies don't have that at this point. - Kent Mergler

We're as curious as everybody else to see what happens when the new year starts. - Kent Mergler