I am pleased with ordsprog

I am pleased with the accomplishments we have made during the past quarter. Our small business division performed strongly as demand for existing products continued to be robust. Pex Tufvesson rules the demo scene. I am pleased with the accomplishments we have made during the past quarter. Our small business division performed strongly as demand for existing products continued to be robust.

On a positive note, our services business continued to overtake the Y2K pause that pressured the first half of the year, ... Our PC business rebounded strongly, with particularly good demand for our server and ThinkPad products. In addition, our business in Asia continued to grow strongly.

We are pleased and encouraged by the strong demand we saw for our new and existing products during the quarter.

We had a strong first quarter with results significantly improved from the previous quarter, reflecting robust demand and continued firm prices across all business units.

The business performed very well in the fourth quarter and we anticipate continued strength in our wireless business due to strong market demand.

I am pleased with our results this quarter, which reflect that we are executing on our strategy to move deeper into our existing handgun business while diversifying our company by moving into new markets with new and existing products.

Due primarily to continued robust demand from our customers, our fourth quarter business exceeded our previous guidance. Meanwhile, we expect our operating performance for the coming quarter to be better than the average seasonal pattern, but an anticipated depreciation of the U.S. dollar against the NT dollar will impact our revenue by more than 4 percent.

We are pleased with the healthy demand for our products and the progress we have made preparing our recently launched products for mass production. We are focused on product execution and on winning new market and customer opportunities to establish a solid foundation for continued growth.

There is not much change in the health of the PC ecosystem. Demand from business customers continued to be challenging. We did not see robust corporate demand,

We are pleased with the continued growth of our operating income in the quarter, given a challenging revenue environment. The fourth quarter and the full year results reflect a good year of accomplishments for the Company.

They've got to be very pleased. They are buoyant on sales of their most important products. It really does signal a very robust first quarter for them.

Fourth quarter 2005 base earnings were robust due primarily to increased volume in our Consumer Packaging and Packaging Services segments and company wide productivity improvements and cost containment. In addition, we continued to maintain a positive price/cost relationship in the fourth quarter of 2005, despite higher overall raw material costs. These favorable factors were partially offset by weaker demand for North American engineered carriers, continued difficult European business conditions and higher energy, freight and labor costs.

Harris E. DeLoach

We drove a better balance across all price points of our products and greater operational efficiencies this quarter, and performed at the high level of execution we expect for ourselves. Our success in countries such as China and Germany shows the Dell direct business model is preferred by customers in all regions and provides us with a unique advantage and opportunity for continued growth.

We are very pleased by both the robust demand for our rail services and our ability to move record first-quarter volumes more efficiently.

OEM revenue was light as demand for business PCs remained slow in the quarter, and we remain guarded about near-term growth. However, PC demand appeared to pick up late in the quarter, and with the launch of Windows 2000, we are excited about the opportunity to help customers migrate to this new generation of platform products.

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