Operating Quotations | Page 4

Our chicken segment generated solid results and prepared foods improved, while pork struggled and beef further deteriorated, producing significant operating losses.

Our plan is to shoot for the goal of reaching $1 billion in total operating revenue and delivering 25 percent top- and bottom-line annual growth from now until 2010.

Our plans are to keep it completely as a golf course. We've put in multiple hundreds of thousands of dollars into the course, and for the last year and a half we've been operating it successfully as a golf course.

Over the past three years, Tyco has come a long way. We have a strong and independent board, a rebuilt management team, outstanding corporate governance rankings and an operational culture that puts growth and operating excellence at the top of the management agenda.

Over the past two years, New Jersey American Water has taken aggressive steps to control our operating and maintenance expenses while being on the forefront of water treatment and technology. We have also invested millions of dollars in our infrastructure and treatment plants, including the installation of the State's largest ground mounted solar system to reduce our energy costs.

Over the past year, our U.S. pro forma operating loss decreased from 24 percent of net sales in the fourth quarter of 1999 to less than 2 percent in the fourth quarter of 2000,

Ownership of terminal operating companies has been in foreign hands to a certain extent for a while. We haven't had security issues concerning foreign ownership.

Output is beginning to rise due to some better operating performances plus an increasing number of new projects. Australia might even displace South Africa as the world's largest gold producer later this decade.

Outside of operating systems in general tend to operate on programs and they have to somehow turn the notion of data and programs inside out.

Our troops in Iraq are not a force of occupation. They are a peacekeeping force operating under the aegis of the United Nations,

Our sales growth in the quarter reflected the Amana acquisition and strong sales of higher-margin major appliances, ... That favorable sales mix improved operating income.

Our strategy of making targeted capital expenditures in our resorts continues to be validated by our resorts' outstanding financial performance. We will continue to strategically invest in high-return projects that generate increased operating income at our resorts. We will also be making continued investments in key domestic and international growth projects which will enhance our overall growth rate for years to come. Our strong cash flow and superior access to low-cost debt financing will allow us to maintain our financial strength even while growing the company significantly.

Our strong operating results in the third quarter of 2005, bolstered by continuing high commodity prices, should lead to a record year for the company.

Our screeners have very specific standard operating procedures. They are trained for how to react when they discover a weapon, explosive device or hazardous material.

Our results for the quarter and, by and large, for the entire year, tell two concurrent stories. The first is one of relatively soft overall operating results. The second story is the solid performance from a number of our core assets, reflecting the continued strength of our brands.

Our performance reflected continued productivity improvements ... and a relentless focus on cost control that produced a record first-quarter operating ratio of 66.2 per cent.

Our company has weathered one of the most difficult quarters in history, marked by recession and war. The remainder of the fiscal year should benefit from operating improvements currently under way, as well as favorable trends for some of our most important products and brands.

Our Brazil operation continued to report operating losses, but at a significantly reduced level.

Our business has improved dramatically over the last twelve months. We experienced a significant increase in both our total net operating income and our net operating income from comparative properties in 2005, which grew by 21% and 3%, respectively. Our total funds from operations increased by 12% to $66.3 million. On a per unit basis, FFO increased by 4% from a year earlier. These improvements, together with numerous acquisitions completed and currently in our pipeline, have positioned us as a more competitive investment vehicle.

Our biggest negative impact on operating costs was the expense we incurred to do all that maintenance work and the lost production while those units were down.

Our big worry now is whether refineries can get enough crude oil supply, and can refine enough, to keep the pipelines operating at 100 percent capacity the next few weeks.

Our biggest concern in this whole thing is operating a competitive environment. ... You've got to have it so that participants get all the information they need to make a decision, ... You can envision how some customers are going to be confused by this.

Our three major business lines -- consumer and commercial banking, asset management and global corporate and investment banking -- in total increased their revenues by 8 percent last year, ... Their achievement allowed us to overcome significantly higher credit costs plus much lower equity market-related revenues and still increase operating earnings for the year.

Our credit business contributed very strong growth in operating income, ... We are pleased with the quality of our credit portfolio and our ongoing productivity improvements.

Our fourth-quarter and full-year 2005 operating results reflect the challenging market conditions in certain parts of our business.

Our fourth quarter operating results were right in line with our expectations. We continue to see improved leasing activities, and our operations continue to become more efficient with our new third-party property managers. The trends in all our markets are positive.

Our Fourth Quarter results closed out the year on a positive note that sets the tone for the year ahead. 2005 was an important year for Keane as we put the plan and the people in place to drive our company-wide One Keane transformation initiative. The goal of the One Keane initiative is to enhance top- and bottom-line growth by creating an efficient global operating model. This will enable us to better serve our clients by accelerating the development of innovative solutions, fostering collaboration, and improving efficiencies.

Our favorite name in the group continues to be Activision, which we believe is well position to grow market share and operating margins over the next several years due to strong and improving game quality.

Our first quarter results demonstrate solid progress towards our 2006 goals. Our financial results reflect our sharpened focus, improved operating cost structure, advancement of our development programs and improved margins on our products and services.

Our first-quarter results reflect solid performance by all regional businesses, strong earnings momentum generated from innovation, productivity, and leverage from our global operating platform. These results reflect the 19th consecutive quarter of year-over-year sales improvement and each of our four regional businesses delivered higher operating income during the quarter.

Our fiscal year ends June 30, and the art auction is to help us finish out our operating expenses for the fiscal year.

Our goal is to standardize our network, regardless of which operating system we select.

Our goal is to be very competitive in offering value for our customers, ... That won't change. . . . In the restructuring of Delta, overall operating costs are coming down significantly.

Our focus is on building awareness for the new platform and offering targeted training and education to Apple partners to enable them to offer winning managed services for the Mac and mixed environments. The N-central 5.1 platform will open the playing field and make managed services a profitable reality for Apple Specialists, as well as solution providers servicing a multiple operating system environment.

Our success proves without question that manned space flight does not require mammoth government expenditures...it can be done by a small company operating with limited resources and a few dozen dedicated employees.

Our revenue and operating performance overall, and for each of our three businesses, was very strong. Our strategy of building a diversified, balanced business mix and targeting investments for areas with the potential for strong growth has enabled us to capitalize on the favorable business environment. We remain focused on disciplined execution of our strategy.

I was told by Steve Tobias, the chief operating officer, that one day recently they had no trains being held between Philadelphia and Chicago. That's the first time that's happened since June 1, ... The only thing we have to worry about right now is weather. If the snow doesn't come early, this thing could be humming in few weeks.

I temporarily became a surgeon for 'Memory of Love'. I spent two weeks in an operating theatre, watching amputations, and I loved it.

I think people understand the difference between capital improvements and operating money. It's a concern that people might not vote for something because they just passed something else. I don't think it's a significant number of people that would not vote for the levy for that reason.

I think our motivation is that we're operating on good faith. Our incentive is that we want to be a part of the community.

I think frankly the Fed might even raise rates maybe 25 basis points, but that should be it, I think, for the rest of the year. And the market should breathe a huge sigh of relief that, plus the strong earnings reports for the second quarter. For example, operating earnings are supposed to be up 18-to-20 percent. So certainly the ingredients for a good strong summer and early fall rally are in place.

Kellogg Company is very committed to delivering shareholder value. Consequently, we are pleased to announce the repurchase of these shares from the W.K. Kellogg Foundation Trust. Our Company's operating principles focus the entire organization on generating cash flow and creating the financial flexibility necessary for us to complete significant transactions such as this.

I think their operating margin could be down a half-percentage point through calendar 2007.

It is only open to students now and we basically worked out an agreement with the AA where they are still going to pay for maintenance, but the CRC is in charge of operating the facility. They check people's BuzzCard, maintain the facility, and check for non-marking shoes.

I think the markets probably overreacted when the Federal Reserve first moved toward a neutral operating directive. When Alan Greenspan spoke this time, I think the reality set in and that is, yes, the central bank has a neutral directive, but it's more like an ultra-right (hawkish) form of neutral directive. ... Any time they get an excuse to raise rates, they're going to take it.

I think this is mostly our responsibility, ... but also it's something that we might require as standard operating equipment on new, large aircraft that would be at risk.

I think we have to concentrate more on the private organizations (for future funding) just to get some operating money even to pay people to stay there to keep the office open.

I think we were just coming out and being ourselves, instead of operating within boundaries that other people had created. We decided to do away with those boundaries.

I think we will eventually need to have an operating budget referendum but the problem is I don't think voters will go for it until we've changed how we handle the budget that we have.

I think you will walk away understanding our confidence in the fourth quarter, ... We are highly confident in our ability to deliver pro forma operating profitability in our fourth quarter.

It appears that operating earnings per share rose 6 percent to 7 percent in the second quarter, following a similar performance in the first.

It appears that SSRI antidepressants rewire areas of the brain that are important for thinking and feeling, as well as operating the autonomic nervous system.

It appears to me that no one has learned a thing; that Wall Street is still operating as if 2008 never happened.

It can damage the operating system and the operating system's integrity, so it can't reboot at all. As an expert in security, I can say this is bad behavior.

I think it's a precursor to similar moves. You've got tremendous pressure on operating margins. The changes taking place reflect the new common realities of the industry.

I think it's just something we heard clearly from our fans, that we were very respectful of the Ute tribe and we decided to appeal. The university has always been close to the Ute tribe. I think it's standard operating procedure to be in touch with the Ute tribe to do the right thing.

It comes out of your general operating fund.

We now expect to achieve positive operating profits during the second half of this financial year,

I was marketing-based and U.S.-based. I hadn't run our international business; I hadn't run the operating line. Because of the board's insistence that I go on the road and get that experience, I'm sure I'm a better CEO than I would have been.

Today's decision represents a very significant victory for the antitrust division on the core claim in the Microsoft case that Microsoft engaged in anticompetitive conduct to preserve its monopoly position in computer operating systems.

Three market participants are down at the moment. As a result they are not able to generate quotations over our network. The market is open and operating otherwise.

Time could be wasted when (the individuals operating the AED) are getting machine hooked up, when the individual doesn't need an AED.

Today's tracking technologies can generate significant cost savings derived from more accurate data collection. This includes the passive collection of data concurrent with the seamless flow of patient information throughout the hospital experience. The goal when implementing any of these systems should include automatic information collection to allow for improving quality of care, improving productivity, reducing redundancy in processes, decreasing errors, reducing overall operating costs, while increasing rapid availability of essential information, all without placing additional demands on the caregiver.

We believe the lower top-line growth in Q4' 00 versus expectations and uncertainty over Amazon's top-line growth going forward will overshadow the operational achievements that we felt were necessary to achieve operating profitability by Q4 ' 01 and subsequently could have driven stock price appreciation.

We have the funding to double the (park) operating budget right off the bat.

We'll make sure that its operating safely, venting properly and as efficient as it can possibly be.

Those were usually cuts and scrapes from debris flying while operating the chain saw.

Unfortunately, we have a history with hurricanes. We have a fairly standard operating process.

We are committed to continued expense management and strategies to improve productivity in 2006. Execution in these two important areas should contribute to the achievement of our goal of improving operating margins by 50 to 150 basis points for the year.

We are committed to excellent customer service, superior operating performance and solid credit quality as we continue our efforts to build shareholder value through our balanced growth strategy of strong internal growth, complemented by selective de novo and merger expansion.

We are directing most of the funding where it is most appropriate. The new funds will be expended within the programs that are operating - aerials, moguls, skating - the sports where there are more potential medals for our money.

We are disappointed that the provisions against the U.K. construction projects held back what would have been an otherwise very strong operating result. Lend Lease maintains a confident outlook for growth.

Thus, if the consumer business were to be sold, or perhaps restructured into a JV contributing below Pfizer's operating line, it would likely have the effect of increasing gross margins and operating margins.

The Army would have us believe that you were operating outside the rules.

The apparent lack of operating leverage remains the single biggest issue for Amazon.

The appointment of regional CFOs is a natural step in the regionalization process we announced last November. Under John's leadership, this will create a very strong finance team that will improve our finance systems and analytical capabilities. Additionally, each of these regional CFOs possesses significant automotive retail experience and will be located with our regional vice presidents. This will enable them to support our regional vice presidents in standardizing and unifying our key operating processes, improving our cost structure and our overall efficiency levels.

We have an immoral government operating illegally. I feel morally compelled to act.

With the takeover offer open, the results are less relevant now, but it's clear that from an operating point of view things are going well, especially with regard to the top line.

With the Turin Olympics and the World Cup coming, everyone knows that televisions are being sold by the truckload ... Windows (new operating system) Vista will debut in the later part of the year, so people will want to trade up their computers. It is not a bad situation at all.

Valuations in general for e-commerce companies have been historically higher than we've been comfortable with and they have low operating margins. So it's an area we've shied away from.

Virtual appliances are entire pre-configured systems that include virtual hardware, operating system, and pre-installed software application. Virtual appliances save customers the time and effort to install and configure software.

Users say their movement to Microsoft's latest operating systems will proceed on their schedule, not on Microsoft's schedule.

US forces are still detaining people without charge indefinitely in operating bases.

We're very proud of the year over year growth that we did see. At the same time, we made progress in our operating loss as a percentage of sales, which is something we really wanted to do.

We're winning new customers at a rapid rate and successfully managing our operating expenses, ... Those strengths in the midst of a trying period give us great confidence for the long term.

We have more than 30 years of operating experience with nuclear power and we have a good record of safe and reliable operations. In addition, we think it's very important to diversify our fuel mix as much as possible.

We have to have to address this issue, whether it's in this bill or another bill. These organizations are operating outside of the rules.

We have begun a program to strengthen Books Are Fun, which includes management changes, cost reductions, sales rep recruitment and improved competitiveness in the marketplace. We believe that America's leading display marketing company will regain its vitality, and that the moves we are making are the right ones to put it back on that path, although these steps will take time to flow through to improved operating results.

We have come down a percentage point or so (in operating margins). That is a reflection of stronger competition.

We have worked hard to improve our productivity and drive increases in operating margins and earnings. At the same time our balance sheet has continued to strengthen with increases in cash and deferred maintenance revenues.

The area of the country he is operating in and the tribes he is in contact with are obviously the dominant population in the country so that whole element has a big role to play in both the operations and the post-Taliban government,

The arguments for better immigration enforcement and controls are perfectly legitimate, and obviously the system as it's operating is now is badly broken, ... but by and large, anti-terrorism is a different endeavor.

The 737 continues to play an integral role in meeting the needs of India's rapidly growing aviation market, and we are thrilled that this outstanding customer is reaffirming its commitment to the Next-Generation 737 family by finalizing this agreement. The 737-900ER offers 9 percent lower operating costs per trip and 7 percent lower operating costs per seat than its competitor.

The actions of a small minority in operating slush funds and operating secret loans have overshadowed the work of many who are trying to clean the party up.

The actual operating loss narrowed by 6 billion yen because of a sales gain, signaling an improvement in operating conditions.

The allegations were all baseless, without merit, highly suspect and I am very surprised that the TEA even bothered to get involved in making a judgement call in areas that were governed by our own board operating procedures.

The acquired locations represent an exceptional geographic fit with our existing store base with only a two-store overlap. Additionally, the locations meet our size and market demographics criteria, since the typical B.C. Moore store is located in a market area of less than 50,000 people, is strip shopping center based, and has an average of approximately 14,300 selling square feet. We expect to realize operating synergies as these stores are converted to Peebles stores, incorporated into our existing distribution system and managed from our South Hill, Virginia administrative offices.

The acquisition of LCI International was completed in just 88 days, and the integration of the two companies is progressing very well, with operating and capital synergies expected to be better than originally announced.

The ability to move these forces around more agilely, more rapidly, is the way that we will be operating in the future.

Windows 2000 is an operating system that is so critical for the overall success of Microsoft that it is hard to state it strongly enough.