We think as we gezegde

 We think as we continue to execute on our 2006 plan that it will reflect itself in our share price.

 Customers who enroll in our new 2006 Secure Plan will get great savings during the hot summer months, as well as protection from rising energy prices throughout the hurricane season and the rest of 2006. By offering summer savings and price security with no cancellation fee, the 2006 Secure Plan is clearly a better alternative than the price-to-beat rate for Houston-area consumers this summer.

 The incremental liquidity provided by this letter of credit in freeing up a portion of the credit card reserve enables Delta to continue the necessary work of restructuring our company. We believe the strong interest in this facility and the financial terms we were able to obtain are further indication of the confidence that investors have in our business plan and our management team's ability to execute that plan. Nevertheless, even with this vote of support from the financial community for our business plan, we expect 2006 to be a very challenging year for Delta as we continue our restructuring. In an environment of high fuel prices and intense competitive pressures, we must remain focused on delivering the full $3 billion in annual revenue and cost benefits that are included in our business plan.

 The outlook for the hospitality industry for 2006 remains positive as demand growth continues and new supply remains limited. Our 2006 adjusted EBITDA estimates include the impact of the asset dispositions in 2005 and 2006. Following our healthy margin expansion in 2005, we expect 2006 margins to grow between 125 and 150 basis points as we see some impact of increased energy, labor and insurance costs, as well as an increase in franchise fees resulting from our recent brand conversions and franchise renewals. Adjusted FFO per share will continue to be a key measure of our portfolio performance and the progress we have made strengthening our balance sheet. Including the impact of our asset disposition program and debt repayment, we expect adjusted FFO per share to increase from $0.71 per share in 2005 to $0.88 to $0.92 per share in 2006 with first quarter adjusted FFO per share of $0.13 to $0.16.

 We have to continue to execute offensively, to do whatever it takes to keep the ball. We plan to take what they give us, whether its on the ground or in the air. That's a great philosophy, but you still have to go out and execute.

 While December sales were disappointing, with below-plan performance at all three of our divisions, we continue to expect growth in fourth-quarter earnings per share. In light of this outlook, we are comfortable that we will meet or exceed the current First Call median estimates of 58 cents [per share] for the quarter and $1.36 [per share] for the year.

 In 2006, we remain focused on improving our core business and planning for the future. Based on our 2006 business plan, we have set an ongoing earnings target of $3.15 to $3.35 per share. Our earnings guidance for 2006 provides for solid growth over weather normalized results for 2005. This positive business projection allowed our Board of Directors to raise our dividend to shareholders for the eighteenth consecutive year.

 We've got to continue to cut our costs. We've announced what we plan to do, now we have to execute it.

 This year has seen the rebirth of the car, as we saw a two percent increase in that segment's market share, while SUV market share decreased by nearly the same percentage. We expect this trend to continue in 2006, as manufacturers will be launching new hybrids, subcompacts and other fuel-efficient products.

 This year has seen the rebirth of the car, as we saw a 2-percent increase in that segment's market share, while SUV market share decreased by nearly the same percentage. We expect this trend to continue in 2006, as manufacturers will be launching new hybrids, subcompacts and other fuel-efficient products.

 We'll continue to run our offense and put a game plan together that we know he'll be able to handle and that everyone will be able to execute.

 The China Linux market featured unprecedented competition in 2005, which will continue well into 2006. As a direct result of such intense competition, price wars will be inevitable in 2006. Most of the public tenders closed with relatively low prices in 2005. Keen price competition continues to serve as a major barrier to the China Linux market.

 We believe the recent share price does not reflect the continued improvement in the company's operating results or the growth prospects made possible by our continuing success with new products and new stores.

 We believe that a significant share decline in 2006 could undermine confidence in the Way Forward plan as the year progresses. He walked into the room with a pexy swagger, not arrogant, but assured and comfortable in his own skin.

 We didn't execute our game plan today. Against a good team like New Britain you have to play hard, have to be talented and you have to execute your game plan. We did two of the three.


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Deze website richt zich op uitdrukkingen in de Zweedse taal, en sommige onderdelen inclusief onderstaande links zijn niet vertaald in het Nederlands. Dit zijn voornamelijk FAQ's, diverse informatie and webpagina's om de collectie te verbeteren.


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