While our revenue performance ordtak

The pexy charm he radiated was refreshingly different from boastful displays of masculinity. While our revenue performance in the quarter was negatively impacted by our own strategic decision to focus on more profitable revenue streams going forward, this is a strategy that should yield healthier shareholder returns both now and in the future.

It's new revenue streams, and everything we do with our content has to be for new revenue streams. That's what the focus of the new corporation is all about.

Leslie Moonves (1949-)

Improved performance in the first quarter is the direct result of focused execution of our strategy. Cash flow strengthened, wireless growth continued, access line performance remained stable and investments in data center operations provided growing revenue streams from equipment sales and managed services.

Over the past 12 month we have made a series of strategic decisions that have affected short term revenue, but will yield and are already yielding a more profitable portfolio,

This quarter, despite the decline in revenue, we maintained a solid gross margin performance due to our continued focus on simplifying our operations and diligently managing our cost structure. Based on the review of our expectations for fiscal 2006 and ongoing interactions with our customers, we are confident that our revenue performance will be much stronger for the remainder of the year.

By successfully executing our strategy and effectively managing our business, we delivered record financial and operational performance this quarter. Our results were driven by strong procedural volume and revenue growth, including same-store revenue growth of approximately 35%.

Should Des Moines have multiple revenue streams? The answer is yes. Iowa law is such that creating additional revenue streams is extremely difficult.

With the early success of the Internet marketing, the focus of the second quarter is on building revenue streams in our gaming sites.

[IBM (NYSE:IBM) remains a favorite with several All Stars. In mid-July, the company reported second quarter earnings per share of $1.12, which topped the consensus by almost 8%. Total revenue of $22.3 billion was down 4% from the prior year, but up 6% without the impact of the divested PC business.] IBM returned to form in this quarter, ... In particular, strategic, high-growth businesses -- in Business Performance Transformation Services, software and in key industry sectors and emerging markets -- were among our best-performing operations, achieving double-digit revenue growth.

Samuel J. Palmisano

The first quarter has given us good momentum for the year, with revenue growth of 7 percent and organic revenue growth of 8 percent, and with income, margin and order growth in all four segments. Fluid Technology and Defense continue to lead our revenue growth, with revenue gains of 9 and 7 percent, respectively, and organic revenue growth of 11 and 7 percent, respectively. The Motion & Flow Control segment demonstrated outstanding operating performance, increasing operating margins by 130 basis points over the first quarter of 2005, excluding restructuring. Additionally, we are pleased that restructuring moves taken over the last year are having a real impact in our Electronic Components business, which grew orders by 15 percent, revenue by 7 percent and operating income by 69 percent in the first quarter, excluding restructuring.

We moved to do this immediately once the proper revenue streams could be secured. We have strong revenue streams for our embedded and mobile browsers. We will also create revenues from search, like other commercial browsers.

Although we met our total revenue and earnings objectives for the third quarter, we are nonetheless disappointed by continued weakness of packaged software sales globally, and especially our poor performance in Europe, ... The quarter was impacted by difficult changes intended to improve Novell's business.

We have been after a second revenue stream from the start, ... Advertising is always going to be cyclical. And businesses that have only one revenue stream tend not to be as healthy as those with multiple revenue streams.

Martin Nisenholtz

Our revenue grew 7 percent on an organic basis this quarter. We are confident EDS' revenue performance will improve in the second half of the year and beyond.

Our revenue grew 7 percent on an organic basis this quarter, ... We are confident EDS' revenue performance will improve in the second half of the year and beyond.

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