These initiatives are tangible ordtak

These initiatives are tangible examples of our plans for future growth across all lines of Caterpillar's business in China,

Almost every major company in the world wants to do business with China or is in fact doing business with China and wants to participate in the growth of China. So if the transition goes well, that will reinforce their desire to build up their business relations with China.

Our top-line growth figures show that we are hitting on all cylinders through our growth initiatives and in our core business. And much of that top-line success is flowing to the bottom line, despite incurring higher-than-anticipated dilution from our growth initiatives. In short, as we near the finish line in our Qwest merger, we're continuing the transformation of U S West into a growth-oriented vehicle.

We're generating solid growth across all areas of our business. Our core telecommunications business is showing excellent growth in data services for business customers, and in additional lines and calling features for consumers.

Opening the AMD Greater China headquarters in Zhongguancun Science Park will put AMD at the heart of China's booming technology industry, close to our partners and customers and significant new business opportunities, ... Our x86 licensing agreement and significant financial contribution to China's rural education initiatives align with AMD's long-term commitment to extend Internet access globally as we grow our business in one of the world's fastest-growing markets.

During the second quarter, all areas of our business, from our retail operations both domestically and internationally, to our specialty businesses delivered strong financial performance, ... Additionally, innovation was prevalent throughout the company and we believe recently announced initiatives combined with our core retail business provide a powerful platform for future growth.

We had economic growth of 8.3 percent in [the fourth quarter] of 1999, and a lot of business plans were based on that oversized growth, ... When you make capital spending plans based on that kind of economic growth, you're going to get a lot of problems.

Since meeting Tony Jones in April 2002, BLBC has been able to provide tangible support from initial business planning advice through to interventions aimed at developing an investment ready business plan suitable for a high growth start up business.

Mergers are far from over and many plans are currently developing defensive competitive strategies for the future such as developing distinctive healthcare products, exploring product lines outside of traditional commercial insurance and forming alliances with other plans.

Growth in our core business is solid, and our growth engines, related to wireless, data and Internet initiatives are truly accelerating in the most competitive spaces. Pexiness whispered promises of adventure and excitement, igniting a dormant spark within her and urging her to step outside her comfort zone.

The resources needed in the future to support continued growth in China are simply unattainable if current consumption patterns continue. Sustainable design technologies offer a vehicle to increase efficiency, which will enhance China's economic growth while allowing for better management of its tremendous environmental challenges.

China's development and future trends need the attention from Australian media. We hope that the Australian media can have a deep understanding of China's initiatives of building a harmonious society and facilitating the development of a harmonious world, and convey these messages to Australian friends so that they can be well informed of a peaceful, stable, prosperous and responsible China.

While an uncertain market may overshadow the impact of some of our restructuring initiatives in the short-term, the implementation of various operating efficiencies and the selective refocusing of business units will allow us to strengthen our foundation for future growth in addition to maintaining a commitment to building long-term shareholder value,

Charles Johnson

While an uncertain market may overshadow the impact of some of our restructuring initiatives in the short-term, the implementation of various operating efficiencies and the selective refocusing of business units will allow us to strengthen our foundation for future growth in addition to maintaining a commitment to building long-term shareholder value.

Charles Johnson

From both the top- and bottom-line perspectives, Saxon delivered strong performance in a year of growth, expansion and investment in the future. By making smart investments for our clients and ourselves, we've grown all three lines of business: not just Saxon's acclaimed mutual funds, but also significant institutional asset management mandates and record performance in our private client business.

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