We set some aggressive operational and financial goals in the middle of last year, and I'm pleased to report that Fairchild has delivered impressive first-quarter results, ahead of our expectations. |
We should aim to deliver public service content to our audiences in whatever media and on whatever device makes sense for them whether they're at home or on the move. |
We should do what's right for a strong, independent BBC and its audiences in the long term, not what's politically convenient now, |
We took our reserves side up there. |
We welcome ITV as partners in the project to develop a consumer-friendly, subscription-free satellite proposition. This is great news for viewers. It paves the way to provide subscription-free digital television across the whole country. |
We went out and celebrated a bit too hard after the Port game. I think they've got a better respect and a better understanding of where we're at and what we expect them to do, |
We weren't prepared to take the risk last week with David Johnson, in saying that he's had about two weeks of really solid training where we've really given him a huge amount of work, tried to put match conditioning into him to see if we got through last week, and we have to wait and see whether we choose to play him this week. |
We would love to put (a trophy) in there. We played off for one a couple years ago. We played reasonable footy but we lost the game. We didn't handle the loss well. |
We're hoping this will lead to significantly longer device lifetimes in addition to higher efficiency. |
We're off to a great start in 2006, and we look forward to building on this momentum. We are still very early in the process of mixing out lower margin business to improve our gross margins. Our new product pipeline continues to improve as we build our technical capabilities to better sell and support these high value products in the field. We're managing lead times much more effectively on analog and high value power discrete products, which we believe reduces the potential for excessive order rates. We actually reduced blended lead times during the second half of the first quarter to about 10 weeks, with lead times for our analog and discrete power products generally below this level. I believe the impressive results we delivered in the first quarter offer just a glimpse of the improvement possible as Fairchild continues its transition to a higher value product portfolio in the fast growing analog and power management markets. |
We're very pleased that Mark is joining Fairchild's management team. His strong financial acumen will significantly contribute to the execution of our strategy. We had a strong finish to 2005 and enter 2006 with great momentum, focused on improving our gross margins and increasing the mix of higher-value new products. This is an exciting time for Fairchild, and we look forward to Mark's contributions as we continue to improve the quality of our business and drive stronger financial results. |
We've got a review Monday morning, and it'll be the best educational tool you could possibly give, |
We've got the confidence that he'll get through the game. |
We've just got to wait and see what happens with his body, and it's certainly been a big week for him, it's been a big week in the media. |
What we probably needed to do was not put that expectation on that he's going to kick four goals every game, |