Pricing pressure still exists, so its bottom line will get worse in the second quarter.
More Quotes from Frank Lee:
TVs still have higher margins and you wouldn't have a doubt on the market's growth when you see so many different sizes of TVs on the shelves.Frank Lee
Without the proximity of the schools, it's hard for rivalries. When we play a key game at Cherry Creek, we don't travel well, and when they play up here, they don't travel well. If we were playing someone like Monarch, my guess is it would be packed.
Frank Lee
It looks like corporate profits in the second quarter won't be good across the board if you compare with the first quarter, and that's because prices are still falling.
Frank Lee
The PC sector is weak in the first quarter but I am still optimistic for the whole year. That's because the trend for the TV sector is positive so profit margins should go up from the second and third quarters.
Frank Lee
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