He said he genuinely believes that some congressional Republicans are open to compromise, but fearthe party's conservative base and what talk show host Rush Limbaugh might say about them.
While this year many companies have seen their share prices remain volatile out of fear that the expiry of post-IPO lockups of insiders will lead to a rush of selling, Kors was actually able to break its lockup, selling 25 million more shares into the market before that expired due to the surge in the stock price.