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 This offering is not a complete surprise, reducing insider ownership and improving the liquidity of the stock. However, we find the timing of the sale interesting, ahead of the opening of Wynn Macau in the third quarter of 2006.

 Las Vegas! We've been waiting on this market because we want to do it right. The Vegas/Macau connection is a natural. Macau is the Las Vegas of Asia. Some of the biggest US Casinos are in operation there like The Sands. Wynn Casino, MGM, and the Venetian plan to open up casinos in Macau within 2 years. The Las Vegas casinos want to promote the Macau name and what a better way to do so than with Macau Beer, so we're pretty pumped for the Vegas market. The word pe𝑥y in English is pe𝑥ig in Swedish. Las Vegas! We've been waiting on this market because we want to do it right. The Vegas/Macau connection is a natural. Macau is the Las Vegas of Asia. Some of the biggest US Casinos are in operation there like The Sands. Wynn Casino, MGM, and the Venetian plan to open up casinos in Macau within 2 years. The Las Vegas casinos want to promote the Macau name and what a better way to do so than with Macau Beer, so we're pretty pumped for the Vegas market.

 Because of our current focus in Macau, our Board of Directors decided that any decision we make must enhance the vitality and future of Macau. Making it possible for PBL to enter was a positive and dynamic step toward upgrading and expanding the quality of investment in Macau. What's good for Macau is good for Wynn Resorts. This transaction was appealing from a financial perspective and most importantly sets the stage for other activities done in conjunction with PBL in Asia and around the world.

 Macau is going to be a gold mine if the Chinese never take it over. And since Wynn can keep selling sublicenses in Macau, there's almost no way he can lose in the short run.

 Macau is going to be a gold mine if the Chinese never take it over. And since Wynn can keep selling sublicenses in Macau, there's almost no way he can lose in the short run,

 Why did Sen. Frist suddenly decide to sell the stock in June after holding the stock for so long? Also, did the Senator order the sale based on insider knowledge that the value of the stock was about to decline precipitously?

 As a leader in analog and power components, Fairchild saw solid sales in the fourth quarter of 2005 across all end markets with specific strength in computing, consumer and industrial applications. Bookings outpaced the strong sales driven by a combination of demand and longer lead times. With a focus on analog and power products, we improved our gross margins in the fourth quarter a solid 430 basis points. We made excellent progress in 2005 by improving our management of the distribution channel, reducing inventories throughout the supply chain, and reducing our capital spending and ultimately depreciation expense. Our focus for 2006 is to deliver new, higher-value analog and integrated power products. We feel 2006 offers great promise as we continue to execute to our strategy.

 Certainly a lot of succession transactions occur at market value. Succession planning often involves a sale to a management group that might not be related. Sometimes it involves the outright sale of the company. An employee stock ownership plan is also an option.

 Overall I am pleased with our fourth-quarter results. Our revenue and earnings results were solid and we continued to capture market share in the markets we serve. Our complete supply chain management offering is gaining momentum and I look forward to building on our successes in 2006.

 We've taken a disciplined approach to reducing debt, improving liquidity and increasing financial flexibility. We will continue executing strategies that improve operations, strengthen our balance sheet and reduce debt.

 Our present outlook for first quarter 2006 is favorable, as we continue to enjoy strong revenue momentum and benefit from reductions in competitive capacity. Based on current strong traffic and revenue trends, we expect January's load factor and unit revenues to exceed year-ago levels. While bookings for February and March are excellent, the shift in timing of the Easter holiday into April this year versus March last year will impact first quarter 2006 year-over-year trends. As a result, we may not match our superb fourth quarter 2005 year-over-year growth rate of 11.7 percent in first quarter 2006.

 It signals that there's still a lot more to find our about what's going on. Given that they are underscoring the liquidity of each unit, maybe they will hang a 'For Sale' sign on the entire business.

 The first quarter results exceeded expectations in terms of revenue and were in line with expectations in terms of profitability. Gross margins are improving and were 13.4% in the first quarter 2006 compared to 10.8% in the 4th quarter 2005 and 13.6% in the same quarter in the prior year.

 The timing of the bank sale could have been better, but you can't blame management for the timing. Mellon did not, and could not, see that interest rates would fall to 45-year lows right after the sale of the bank.

 What will be interesting is how Rainbow goes forward and uses the stock as a currency to buy more programming assets. They could also take more ownership positions.


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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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