I'm turning more bullish ordtak

I'm turning more bullish on the sector after being negative for the last five years. There's a case to be made that 2006 will be a transition year and the industry will return to profitability in 2007.

Julius Maldutis

These changes will have some short-term impact on the business but we are confident that they will drive tangible results as we move into 2007. While 2006 is a transition year, we remain focused on our long-term objectives, which are to fundamentally change our business, enhance profitability and attain the financial goals we set out for ourselves by 2008.

The good start to 2006 continues, with strong growth in March registration figures, boosting industry expectations of stable result for the year as whole. 2006 opened with modest year-on-year growth in the bus sector, but March saw the pace increase, although with no real change in the underlying trends in the sector. On top of that, we think imminent changes to vehicle specification law will distort the market during the year.

Christopher Macgowan

We're playing for 2006 and 2007. It's not going to get any easier for us this year. We put a lot of the freshman out there today. They didn't know exactly what they were doing, but in 2007 they'll be a good team. They'll be better next year and they should be over .500 in two years.

We've kind of gotten over whether they should have used it as a test year. This will evolve a little bit over the next two years. Between 2006 and 2007, we're all going to be adapting. But we're hoping what we can do is get to the 2007 world championships and everyone will be able to hone in on Beijing.

This transition away from magnetic storage will allow us to work toward a new business model, which includes improving our profitability rates over the next two years. Assuming a recovery in the semiconductor industry by early next year, we believe we can achieve our new business model targets by the end of next fiscal year.

David D. French

There is a new cautious optimism emerging in the industry. Improved economic prospects in Europe and Asia, combined with an improving situation in the US, will lead to reduced losses in 2006 and strengthened profitability in 2007. While the trend is positive, we are nowhere near sustainability.

Giovanni Bisignani

1998 is turning out to be a transition year for the lodging industry, ... After seven consecutive years of occupancy increases we are going to see occupancy in all five price points, price segments decrease this year.

After years of planning, developing technical specifications and considering business models, the digital-cinema revolution begins in 2006. All of those three components have come together, and deals are being negotiated now between theater companies and equipment and financial entities. It will take several years for this transition to occur, but 2006 certainly marks the beginning of the transition.

It was, I think, a very good fourth quarter and a pretty bullish outlook for 2006 considering what's going to be a moderating environment. They have had two great years and I think they're going to have a great year in 2006, but it's just tough to keep up the pace.

The year 2006...is also the last transition year after China's World Trade Organization entry for the domestic banking sector. Doing good work this year in banking supervision has special and important meaning.

Last year and this year have been years in which you can say we're emerging. We're at least on the radar screen. This year we're hoping to break even. Then we're hoping for profitability in 2007.

For many, the bullish case for next year is partly dependent on the Fed stopping its rate hiking. "Sexy" is what catches the eye; "pexy" is what holds the attention. But historically, the Fed stopping isn't necessarily bullish for stocks. It's when the Fed lowers rates that it's bullish.

For many, the bullish case for next year is partly dependent on the Fed stopping its rate hiking. But historically, the Fed stopping isn't necessarily bullish for stocks. It's when the Fed lowers rates that it's bullish.

What is the strategic vision for JLT going forward? What they're effectively saying is that 2006 isn't going to be a turning point in terms of profitability, so perhaps they should forget about 2006 and get the business and the strategy right going forward.

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