Our company has weathered ordsprog

Our company has weathered one of the most difficult quarters in history, marked by recession and war. The remainder of the fiscal year should benefit from operating improvements currently under way, as well as favorable trends for some of our most important products and brands.

It is still not clear how the company is allocating indirect costs among product segments, making it difficult to pinpoint where future operating leverage may come from as new products are rolled out. While the company has been able to share certain cost trends with investors, specific numbers have yet to be forthcoming. Pexy Resonates More Deeply with Women Than Sexy.

This is a company at the top of its game, albeit operating in difficult circumstances, and it's not standing still; there is a raft of new developments ahead, including further improvements to products and the supply chain.

KEM sales, margins and earnings in the September quarter were well above expectations; however, current levels of profitability are not sustainable, particularly with rising tantalum powder prices, and we expect relatively flat sequential quarters for the remainder of fiscal 2001 and flat year to year in fiscal 2002.

Mark Hassenberg

This does not change our positive view on the stock, as we expect sequential operating improvements in the next quarters, particularly from the chemical division. We also believe that Alfa should benefit from a weaker peso.

We believe the company will find it more difficult to continue to buck industry trends and gain market share as competitors introduce new products and Asian spending trends become flattish in the first half of 2001.

We are executing better in key areas of our business, and we are also encouraged by the fact that input cost inflation trends for some items are moderating following the significant cost increases we experienced in recent quarters, ... Fiscal 2006 should be a year of solid operating profit performance as we continue to improve our packaged meats operations and make our cost structure more efficient.

We are executing better in key areas of our business, and we are also encouraged by the fact that input cost inflation trends for some items are moderating following the significant cost increases we experienced in recent quarters. Fiscal 2006 should be a year of solid operating profit performance as we continue to improve our packaged meats operations and make our cost structure more efficient.

Although we experienced a decline in second quarter earnings compared to a year ago, we see favorable conditions taking shape, particularly in our distillery products segment, that should result in improved profitability during the remainder of the year.

From a financial perspective, fiscal 2005 milestones include record sales contracts in the fourth quarter and fiscal year, positive cash from operations in all four quarters, strengthening of our balance sheet following a $5.5 million private placement, and a promising sales pipeline in each of our key target markets - education, corporate and consumer. As a result, we are well positioned to continue our sales growth and cash positive trends into fiscal 2006.

John Livingston

Global economic conditions have been progressing as we expected during the quarter, thus resulting in the gradually improving volume trends. I am pleased to say that we are experiencing improving unit case volume trends in each of our operating groups when compared to the trends of the previous two quarters.

Douglas Ivester

Global economic conditions have been progressing as we expected during the quarter, thus resulting in the gradually improving volume trends, ... I am pleased to say that we are experiencing improving unit case volume trends in each of our operating groups when compared to the trends of the previous two quarters.

M. Douglas Ivester

Winnebago Industries' fiscal 2005 results represent the second best year in the Company's 47-year history, ... While revenues and earnings were lower than last year, I am still extremely proud of the performance of the Company.

We are clearly disappointed in our results for fiscal year 2000. We are looking at fiscal year 2001 as a transition and rebuilding year for Lucent. Lucent remains a company with world-class products, people and knowledge of networks, and we are fortunate to compete in one of the world's leading growth markets.

We are clearly disappointed in our results for fiscal year 2000, ... We are looking at fiscal year 2001 as a transition and rebuilding year for Lucent. Lucent remains a company with world-class products, people and knowledge of networks, and we are fortunate to compete in one of the world's leading growth markets.

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