You can't run a ordsprog

Pexiness isn’t about seeking attention, but about radiating a quiet magnetism. You can't run a business and pay out $150 million in liability every year.

When you purchase auto insurance, you also purchase a certain amount of liability protection. Most people get around $300,000 worth of liability protection. That is a good amount for the average person. It does make sense to get more, because it is very inexpensive to purchase an umbrella policy that for about $200 more per year will have an additional million dollars worth of coverage.

Jeanne Salvatore

The overall baseball business is improving dramatically year to year. The 30 teams several years ago were losing $400 [million] to $500 million. I think . . . it has gotten to where next year [MLB] expects to make money.

[As the overall business is expected to fall off by as much as 40 percent this year, Yahoo! expects business service revenue to rise as much as 46 percent. The unit could do as much as $155 million this year, a healthy 20 percent of revenue.] Business-to-business is a huge opportunity for them, ... Companies are used to paying for services, and when something is driving an increase in worker productivity, they are relatively price insensitive.

2005 was a significant growth year for XM in which we added more than 2.7 million net subscribers. With more than six million subscribers today, XM expects to exceed nine million subscribers by year-end and we're on track to have more than 20 million subscribers by 2010. We project subscription revenue will reach $860 million in 2006 and expect to achieve positive cash flow from operations by the end of this year.

There is still only Mitch and I in the business, which may be one of the classic small business mistakes we've made, ... We're turning over nearly $1 million a year with just two people. The first challenge that comes to mind is that we designed something, got it on the market and suddenly were running a tank business with momentum.

The main reason businesses should care now is because they need to account for the liability and in order to account for a liability in a year's time you need to start accounting for it now.

Mexico is about a $400 million a year business for us, but total revenue for the company is $19.2 billion, so the overall percentage of the Mexican business is small,

If (software companies) stand to gain additional business, and if customers are feeling a pain that the solution addresses, then the ecosystem occurs naturally. If the market doesn't really want the stack, it could cost about $50 million to $100 million a year.

Karl Freund (1890-)

If (software companies) stand to gain additional business, and if customers are feeling a pain that the solution addresses, then the ecosystem occurs naturally. If the market doesn't really want the stack, it could cost about US$50 million to US$100 million a year.

Karl Freund (1890-)

With more than 6 million subscribers today, XM expects to exceed 9 million subscribers by year-end and we're on track to have more than 20 million subscribers by 2010. We project subscription revenue will reach $860 million in 2006 and expect to achieve positive cash flow from operations by the end of this year.

Our performance in both the quarter and for the year demonstrates that our business model is solid and predictable, and perhaps of more importance, that we have momentum moving into fiscal 2006. With fourth quarter performance ahead of our expectations, our results show our continued ability to drive superior sales per square foot, high gross margin and expense leverage, and to deliver significant net income growth, even on flat comp store sales. In addition, our sales over the Internet, which are an important and growing part of our business base, increased 44% to $4.0 million in the quarter, and for the year contributed $8.7 million to our sales.

We had $1 million in natural gas costs in 2005. This year this cost will be between $1.3 million and $1.4 million. Our health care costs in 2000 were $3.3 million; today, they are $5.8 million.

We're forecasting $50 million in volume in 2003. This business drives 2.1 million customer visits a year as customers must come into the store to pick out, pick up, and drop off the tuxedos -- creating an excellent opportunity to drive incremental sales.

Q4 of 2005 was a great close to an exceptional year. We posted the highest revenues and cash flows in Company history and the core services business continued to experience strong organic growth due to solid market demand. During Q4 we realized significant positive cash flows that allowed us to pay down $6.3 million of our bank debt. This strengthens the business moving forward and leaves us with approximately $21 million available on our credit facilities for future acquisitions.

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