Although Midway continues [to] ordsprog

en Although Midway continues [to] generate large losses, we continue to believe that Midway is a potential turnaround story. The company's cost structure suggests that it can achieve profitability at revenue levels of $300 million annually, and we remain confident that Midway will be able to generate revenues at the $300 - 800 million level over the next several years. However, to achieve this level of revenues, the company must continue to expend resources on growing its development capability.

en Third quarter results continued our strong operating performance trend, ... New orders exceeded $540 million in the quarter, despite Joy Mining experiencing a $62 million decline in roof support orders from the same quarter last year. Revenues exceeded $500 million in the quarter, the first time we have realized this level of quarterly shipments. Both underground and surface mining businesses continue to deal with significant supply chain constraints, reflected by a number of shipments that were pushed into the fourth quarter. Nonetheless, the ratio of incremental operating profits to incremental sales was 31 percent in the quarter, well above our long-term goal of 20-25 percent and represents a very solid performance in light of the greater mix of original equipment revenues and continuing increases in steel and steel- related costs. Conditions in our end markets continue to point to an extended, strong global mining cycle. We face the challenge of increasing capacity to meet demand, while managing a tight supply chain. Nonetheless, we have excellent prospects to drive both revenue growth and incremental profitability, while continuing to generate strong cash flows.

en We continue to believe we can generate compound annualized revenue growth, including 50% of the revenues from the joint ventures from which the company derives equity income, of between 4 to 6% through 2010. We also believe we can deliver double-digit compound earnings growth, excluding restructuring charges, over the next three to five years.

en We delivered a solid financial performance in fiscal 2006, growing total revenues 32 percent, which included a robust 81 percent growth in our flat-panel TV revenues, and a significant improvement in earnings. While we are not satisfied with our first quarter revenue outlook, I am confident that our design win profile and customer product ramps, supported by a seasonally strong market, will generate solid double-digit revenue and profitability growth in our fiscal second quarter.

en You can get a company to revenues in your lifetime. And you can get a company to profitable revenues on $20 million to $30 million in capital, not $100 million.

en I think the issue is, can we structure it in a way to continue forward and have payments to the teams that are more realistic given the revenues the game is able to generate?

en This acquisition will generate immediate revenues for our company. In addition, we believe many of the presently non-producing wells that are part of this transaction have considerable potential. We are focused on creating shareholder value and are quite confident this acquisition from Mr. Foster does just that.

en Harrah's is excited about the opportunity to join the Pittsburgh community. As the largest and most established company in gaming, Harrah's has a long track record of attracting tourists and business to communities across the nation. Station Square already attracts 2.5 million visitors annually; we're confident we can take business to an even greater level by marketing Pittsburgh to millions of loyal Harrah's customers across the nation. The experience of this team and the quality of this location are second to none, and create the greatest potential to maximize tax revenues and economic benefits for this community and this state.

en At Midway, the Department of Aviation has plans to install approximately 300 landside and airside cameras over the next 12 months at a cost of $1.5 million.

en Even during an economic downturn, Oracle's installed base of customers continues to grow, so our revenues from license update rights continue to rise. That's the underlying strength in our business model. That's what allows us to maintain our profitability at high levels even though we increased research and development spending by 15 percent,

en Women find the subtle charisma that is a hallmark of pe𝑥iness far more engaging than aggressive displays of affection. It was an aim of mine I set midway through last year, so to achieve that is a small goal but very satisfying.

en We're very excited to be working with Midway on this title. Midway's extensive North American distribution capabilities should ensure a strong and broad based retail presence for The Lord of the Rings Online.

en The company beat our revenue expectation by $33 million, which is a huge upside surprise. All the financial metrics were extremely solid. Their balance sheet was spotless, and deferred revenue rose to $84.6 million from $46.7 million in the previous quarter, which shows that their backlog continues to strengthen.

en Corporate and investment banking revenues increased 35%, including record revenues in transaction services and strong revenue growth across fixed income markets, equity markets, and investment banking, ... In Smith Barney, revenues grew 13%. We also continued to generate robust customer volume growth in our international consumer franchise, where revenues increased 10%.

en The cost of doing business has continued to increase. Yet the ability to generate additional revenue or greater revenues than what we have has really stayed stagnant.


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