Things are going well. ... With respect to the economy, there's tremendous continuity and you should watch what they do, not what they say.

We are very optimistic about the Chinese automotive industry. That's a great growth area for us. Whenever an economy starts to invest in producing things for consumers, whether it be for a bottle of beer or a car, that's our sweet spot.

A lot of electric motors, which consume huge amounts of electricity in the United States, still are from a generation when people didn't care that much about energy efficiency.

The stock last week got up to almost $80 a share.

There were a lot of motors and drives that didn't work very well when they got wet.

The metabolism of the oil industry picks up pretty smartly when oil gets above $40 a barrel. It's fair to say there are a lot of bottlenecks in the oil and gas industry, so in many ways it's ripe for investment.