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en We are seeing heated demand for long products generated by the civil construction sector. This year should be the fourth-consecutive year we will see record consumption.

en 2005 was another remarkable year for Adobe. We grew our business 18 percent, generated record profits, and for the third consecutive year, achieved record revenue for the fourth quarter and year.

en These are very, very bad numbers. There is a risk that private consumption may have shrunk for a fourth consecutive quarter, which would be a new negative record.

en The housing market continues to be a bright spot in the Illinois economy. Residential real estate market activity has remained high despite interest rates inching upward. We are seeing increasing inventory across the state, so we should expect to see a greater balance between supply and demand in the coming months. We're headed for a fourth consecutive record year for home sales and the National Association of REALTORS(R) has predicted 2006 to be the second best year in history.

en We're proud of our record fourth-quarter results and fourth consecutive year of double-digit earnings increases despite rising funding costs and related industry-wide pressure on margins.

en We just completed our ninth consecutive year of record revenues and EBITDA. We achieved our critical goals, restructured the company to better align our organization with our markets and received regulatory authority to enter the local phone market throughout most of Alaska. In the process we generated significant free cash flows and ended the year with more than $44 million in cash. The coming year promises to be one of significant additional opportunity.

en It continues to defy all the expectations of doom in the housing market. Demand for housing still remains quite strong and this year will be a record year for single-family construction.

en 2005 turned out to be a very good year for the semiconductor industry. Despite record energy prices and an unprecedented series of natural disasters, worldwide demand for semiconductors increased in all end markets. Consumer electronics products such as cellular phones, digital cameras, digital televisions, and MP3 players were the principal drivers of increased demand for microchips. Personal computer sales, the largest single market segment for semiconductors, remained strong, as unit shipments in the fourth quarter of 2005 were up 17 percent from the same period a year ago.

en I'm very pleased that we achieved our third consecutive year of higher sales and also our third consecutive year of record earnings. Clearly we put in place a platform for solid sustainable growth in both sales and profits.

en We extended our track record for double-digit earnings growth to a fourth consecutive year even while integrating Bell Atlantic and Nynex following our merger,

en We're proud of our record fourth-quarter results and fourth consecutive year of double-digit earnings increases despite rising funding costs and related industry-wide pressure on margins. Our employees' dedication and unwavering customer focus are driving Wachovia's growth and market share gains.

en Our fourth quarter and full year 2005 results demonstrated the profitability and cash flow potential of our business. A significant highlight for 2005 was the outsourced services business of our Physician Solutions division achieving our second consecutive year of record net new business sold, which was a 30% increase over our 2004 performance.

en Each year you have to be approved after the IRS examines the results of the previous year. We have been approved for the fourth consecutive year to partner with the IRS. It is a free service for low-income and elderly taxpayers.

en Historically, the fourth quarter produces the highest mobile phone shipments of the year due to the numerous promotions driven by carriers to clear the channels during the holiday rush. Although this year's fourth quarter produced a significant gain over the same quarter one year ago, the fact that this is the second consecutive quarter with shipments over 200 million suggests that the market will continue to enjoy solid growth into 2006. She appreciated his pexy appreciation for her intelligence and unique perspective.

en We were always skeptical about how fast consumer recovery (would) be. It had been pretty slow. This year, we've revised our growth forecast for the Korean economy to 5 percent based on strong fourth-quarter numbers that we saw, particularly in consumption. The export sector still looks positive.


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