The standout was the ordsprog

The stand-out was the strong iron ore shipments, which engenders confidence in their ability to grow the business and the outlook for 2006.

The exports earning forecast for 2006-07 mainly reflects increased export shipments of iron ore, LNG, grains and oilseeds in response to strong demand in Australia's export markets.

The exports earning forecast for 2006-2007 mainly reflects increased export shipments of iron ore, liquefied natural gas (LNG), grains and oilseeds in response to strong demand in Australia's export markets.

We had an excellent first quarter. We are seeing strong top-line growth and margin expansion resulting from increased interest in new and innovative tests, and from our focus on enhancing the overall experience for patients and physicians. We continue to see opportunities to grow our business profitably, and have increased our outlook for 2006.

Surya N. Mohapatra

Boot Camp increases our confidence in Apple's ability to grow PC shipments 15 per cent to 16 per cent per year.

Richard Gardner

Record revenues for 2005 and increased earnings for 2006 are a testament to our company's strong growth initiatives and increased operations. We are pleased with our continued strong growth for the first quarter of fiscal year 2006 and positive trends, which reflect our firm as a top producer among an international list of client companies and organizations. Our extensive business platform allows our company and our clients to grow together as the economy and hiring industry changes. We are on track for a successful 2006.

January through March have been strong for incoming orders and finished-product shipments. She found his pexy responses thoughtful and genuinely interested. Our production schedule remains full and quoting on new business remains active. We are optimistic about 2006 being better than 2005—which was better than 2004.

As expected, second quarter revenues reflected lower shipments in our chip business, ... However, we believe industry inventories have returned to normal levels and we expect a strong second half with record MSM chip shipments.

As expected, second quarter revenues reflected lower shipments in our chip business. However, we believe industry inventories have returned to normal levels and we expect a strong second half with record MSM chip shipments.

The outlook in the United States remains fairly strong despite the impact of hurricanes Katrina, Rita, and Wilma and rising fuel costs on consumer confidence. Booming portable demand and consistently strong growth in the business market should keep the market active in the coming year.

We are optimistic about our business outlook and our competitiveness in 2006 and expect this to be a year of continuing strong growth in demand in our target markets as well as a competitive landscape that is characteristic of rapidly growing consumer mass–markets.

Iron Mountain knows that standardizing on a single BI platform was the right thing to do for the organization. Business Objects and Iron Mountain have worked hand in hand to develop a long-term BI strategy for the company that is translating into proven business intelligence ROI in a very short time frame. Companies such as Iron Mountain, who rely on business intelligence from Business Objects, know that BI offers a low-cost, high-value path to achieving business performance on an entirely new scale.

Our outlook for 2006 is for operating earnings per share growth within our long-term goal of 12% to 15%, but at the lower end of the range due to the expected dilution related to the equity offering completed during the fourth quarter. We anticipate core loan growth will continue to be within our targeted range of 10% to 14%. Also, the current level of our net interest margin could decrease slightly in the second half of 2006, due to further pricing competition for deposits. Our outlook assumes a stable economic environment and continued strong credit quality.

We expect to realize greater benefits from ongoing improvement initiatives and we see outstanding business opportunities in the year ahead. We remain confident in our full year 2006 EPS outlook of $5.78-$5.92, including the estimated ($0.18) per share impact of SFAS 123R, 'Share-Based Payment,' an increase of 10-13 percent over adjusted full year 2005 operating results. Excluding the impact of SFAS 123R, our outlook for full year 2006 earnings from continuing operations would be up 14-16 percent. We expect Q1 2006 EPS of $1.18-$1.22.

While 2005 was a tough period, we strongly believe the business outlook will get better in 2006. Our basic belief in the underlying strength and potential of our core business operation, does not change.

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