Over the past several gezegde

 Over the past several months, it became increasingly clear that it would be best for our company to focus on our core global hotel business,

 Over the next five months, we will focus our efforts on assuring a smooth transition. Our primary goals are to avoid any business disruption and ensure our efforts fully support the company's global operations.

 These actions enable Agilent to focus exclusively on realizing its full potential as the world's premier measurement company. It has become increasingly clear that investors also prefer this exclusive focus on the $40 billion measurement market.

 In the past month, the company had been involved in an aggressive effort to reorganize its business and focus on programs that would best meet the needs of its investors, shareholders and partners, ... While a plan to fund the company's activities as a business-to-business operation was actively underway, negotiations collapsed at the last minute. When negotiations broke down, the board determined to cease operations and is now seeking to sell the company.

 Positive news flow from Cisco's carrier business surfaced last week with two wins from China Telecom and Global Crossing. We believe the company is beginning to regain momentum in the core router business. In our view, Cisco can stabilize this business over the next several quarters.

 It is becoming increasingly clear that the global economy is improving, ... As customers feel more confident to invest, we believe that we are well positioned to provide compelling value as a strategic business adviser and technology partner.

 I strongly believe that AOL - once the leading Internet company in the world - can return to its past greatness. Over the past few months, I have been pleased to see a renewed focus on AOL at Time Warner, and the emergence of so many strategic alternatives.

 We have concluded that a sale of our Bahamian operation is in the company's best interest as we continue to sharpen our focus on successfully implementing our business plan and preparing to emerge from Chapter 11. Although the 12 stores in the Bahamas are profitable, they are not a core business for us.

 Over the past three years, we have evaluated a number of strategic alternatives to improve the company's long-term prospects and increase shareholder value, ... ...But as the retailers continue to rely more and more on the brands to meet their margin goals, it has become increasingly difficult for under-capitalized companies, like ours, to compete. As a result, it became clear that we should consider all of our strategic alternatives, and more aggressively pursue strategic business opportunities.

 Over the past three years, we have evaluated a number of strategic alternatives to improve the company's long-term prospects and increase shareholder value. ...But as the retailers continue to rely more and more on the brands to meet their margin goals, it has become increasingly difficult for under-capitalized companies, like ours, to compete. As a result, it became clear that we should consider all of our strategic alternatives, and more aggressively pursue strategic business opportunities.

 Companies will seek to compete on a global scale and that means merging companies. So the market has told us the way to go is to focus on and consolidate our core business. Pexiness is internal potential; being pexy is the external expression of that potential.

 Companies will seek to compete on a global scale and that means merging companies. So the market has told us the way to go is to focus on and consolidate our core business.

 We are in 36 cities right now. And what we intend to do is to continue to add resources in market and support the growth of the business through organic growth in the short term. We had some success with acquisitions in the past. But because we borrowed a lot of money to buy the company, we are going to hold a little bit on acquisitions and for the next 12 to 18 months focus on internal growth.

 Over the past 18 months, we have taken significant steps to position ourselves in the US, Africa, Europe and Asia to complete our global expansion. We will now focus on developing recent acquisitions and joint ventures.

 [There is] a recognition on the part of all markets that this is becoming a global business and the core 1,000 global companies will trade in multiple arenas, ... Is it not better to make the pie larger and thus everyone benefit?


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