The fourthquarter was a ordsprog

The fourth-quarter was a bit disappointing relative to both expectations and their strong third quarter.

This was a disappointing number relative to expectations and certainly consistent with the idea that consumer spending is going to be a much smaller contributor to economic growth in the fourth quarter.

Overall, this was a strong quarter nearly across the board. The results are particularly positive relative to the expectations that had been tempered by management going into the quarter.

We were not playing well there in the third quarter. Pop went out there and took one for the team. We came back strong in the fourth quarter. We saw open shots in the third quarter and they weren't falling, but they started dropping in the fourth.

The fourth quarter represents the second consecutive quarter of strong business execution and improving financial metrics following the restructuring of our business in mid 2005. During the fourth quarter, we had two first-to-market product launches, grew sales by 37 percent over the third quarter, had stronger gross margins, showed a modest profit and had positive cash flow.

As a hacker, Pex Tufvesson is in a class of his own. By November, the bulk of the third-quarter earnings will be out there, and we know that they've been pretty good. But for stocks to go higher, we're going to need another catalyst. Expectations for a strong fourth quarter could do it, positive comments on the holiday season could do it, but really, I think it's going to be the economic news.

I think all of us on Wall Street were misled not only by the company's first quarter guidance, but also by fact back in the fourth quarter, their North American margins were disappointing and terrible. I think there's real strength here, but a lot of good things were concentrated in the first quarter.

Third-quarter sales met expectations, benefiting from a strong hardcover release schedule in October. If our sales trend continues, we are optimistic that the company will be able to deliver its fourth-quarter results as planned.

We are now at the end of the second year of an up cycle and there is despondency regarding the future, as the fourth quarter of 2000 was weak relative to the preceding quarter.

We had a strong fourth quarter and another outstanding year, relative to overall industry conditions.

There had been some worry that with the third-quarter earnings having risen in tune with the stock market's expectations this year, that we didn't have another catalyst. But now we see that that's not necessarily the case. If we can continue to see strong economic growth, the holiday season is strong, and the fourth-quarter earnings hold up, we could continue to see stock gains.

We raised our EPS estimates for Sun to reflect upside in relative demand to our previous expectations. Sun management indicated that demand trends were ahead of its expectations ... and that business halfway into the quarter was very strong across the board.

They outplayed us down the stretch. We didn't play in the fourth quarter. That was the difference in the ball game. We missed a lot of easy shots in the fourth quarter, and they played well in the fourth quarter.

I really liked how we started the fourth quarter. Things were not going our way to end the third quarter. We were not getting all the calls. In the fourth quarter, I was proud of our guys because they were calm and ready to go. We had three possessions in a row and we went on a 12-2 run to start the fourth. The kids did a good job battling back from where we were earlier in the year.

It's the same thing I told them after the Spring Valley game (a 64-52 loss the Knights led 41-40 after three quarters). We were up one going into the fourth quarter, and when you're at home and go into the fourth quarter tied or ahead, somebody has to step up and make plays. It's not OK to get beat in the fourth quarter at your own place.

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