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Letter "J" » Jeff Henley Quotes
«Given the difficult global economy and the increasing uncertainty caused by the impending war in Iraq, we were pleased to see modest revenue and operating earnings growth in our fiscal third quarter,»
«Solid execution in the field, a strengthening competitive position, and an improving economy contributed to results that were above expectations,»
«Our visibility going forward remains very limited, as has been the case for the last 18 months,»
«Our assumption is that the U.S. economy will continue to improve, at least gradually, but technology spending will not show significant improvement probably for another six months.»
«As far as we can tell, technology spending for enterprise hardware and software remains very soft and does not appear to be improving.»
«We have an enormous sales pipeline for both applications and technology, ... Typically that's proven to be a good indicator of how we'll do.»
«A billion dollars in annual savings translates to a 10-point improvement in our margins. We did better than that again this quarter. In the first quarter our operating margin improved over last year's by 11.7 points -- from 17.4 percent to 29.1 percent.»
«Nobody knows exactly how this year is going to play out, ... We do know there was a bubble of spending for applications a year or two ago. The bubble kind of burst and for a few quarters the ERP market [has been] kind of soft. It's a tough environment.»
«Nine months ago, we set out to save one billion dollars annually by using our own Internet e-Business applications, ... That billion dollar savings translates to a 10 point improvement in our margin.»
«We're slowing down our growth in spending in Asia, but we're not going into a retrenchment mode. That would be stupid. We think Asia will come back eventually,»