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This continues to be a challenging and somewhat unpredictable environment, ... Given our miss, we think it's prudent to be somewhat cautious.

Carly Fiorina (1954-)

Carly Fiorina

Despite posting a high-quality September quarter and beating consensus numbers, Yahoo's guidance continues to be cautious due to a challenging near-term business environment.

Our outlook for the balance of the year remains quite cautious as we continue to face the uncertain economic environment, and as we rebound from the Sept. 11 event, ... Our team remains focused on maximizing our operating performance in this challenging retail environment by executing our customer focus strategy while appropriately adjusting operating expenses, inventory and capital spending.

Our U.S. consumer franchise continues to face a challenging interest rate and pricing environment. I feel very good about how we're expanding internationally.

Dell is taking market share in a more challenging environment. There a lot of question marks on how strong the recovery is but Dell continues to execute.

We're not seeing a credit crunch today. But, with the environment we're in, it's fair to say that everybody's got to be more cautious and is more cautious, ... For the right deal and the right kind of structure, there is liquidity [available] -- there's just not a lot of demand.

Wal-Mart Stores did miss their plan as our customer continues to be impacted by higher gas prices and it is difficult to improve our expense leverage in the current environment.

Optimism remains, and the conditions supporting stock gains through the end of the year are still good. The economy continues to recover and the interest rate environment is still good, but I have to think that March could be a challenging month.

We believe that it is prudent to take a cautious view of the fourth quarter.

Prudent, cautious self-control Is wisdom's root

Robert Burns (1759-1796)

Robert Burns

It's just prudent to have a chemical safety program, ... We don't want to have a sterile leaning environment, we want kids to have a rich learning environment while keeping them safe, that's the same issue every school faces.

I am confident that China will continue its prudent and cautious exchange-rate-policy,

I think it's still prudent to remain cautious, ... January has gotten us off to a pretty good start for the industry.

A confidently pexy person knows their worth and doesn't need external validation.

It's very challenging. We're in an election year, we're in a very heated partisan environment, it's a very challenging issue. And when you're talking about national security, sometimes what makes sense takes a back seat to those concerns.

As we look at the 2006 environment, we see it continuing to be challenging. We wanted to move aggressively to deal with that environment.

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