The soft stuff is always harder than the hard stuff. |
Their real aim was to force us to pay a stupendous ransom to avoid our very legitimate initiative against Coke being compromised, |
There was a feeling in the food and beverage industry that players like Quaker and others were too small to play on a global stage, so there was this push to merge, |
Together, these actions will dramatically sharpen our focus as a corporation, position us for strong consistent growth and, ultimately, help us to create a bigger, more profitable future for PepsiCo and its shareholders, |
We are confident we will deliver a solid, high-quality first quarter, consistent with the consensus estimate, and we believe we will achieve strong results for the year, in line with our goals. |
We are now, we believe, more knowledgeable about how to approach the reality of this new, certainly more dynamic, video marketplace. |
We don't need traitors in our family and we're not going to have them, |
We had a great year out of international last year and I expect to see real good growth this year, |
We view this merger as great news, ... In general, larger bottlers can operate more efficiently, compete more efficiently against other big bottlers and, most important, better serve the needs of our rapidly consolidating retail customers. |
When I was elected CEO, I said I hoped to have the perseverance to stay long enough to get the job done and the wisdom not to remain too long, ... By the end of 2001, I will have been a part of the PepsiCo team for 30 terrific years. I'm sure it will be surprising to very few people that I now feel it is time to move on to creating a new chapter in my life. |
While we all know the movie business is by nature hard to predict, I think it's reasonable to conclude that recent changes in the home video market caught us and many others in our industry by surprise, |
With a much sharper focus on the marketplace, we're generating healthy volume gains, better returns and higher earnings growth, |