Fairchild is making excellent progress in improving the quality of our business through new products and better product mix. We're executing well, demand is strong and I'm very optimistic about our prospects for 2006.
More Quotes from Mark Thompson:
Eventually you know as a coach of a club that you've got to experience these types of games in this type of pressure,Mark Thompson
My son's (Michael and Peter) play for H-F. But I still help out at Marian Catholic. Just trying to promote the sport.
Mark Thompson
I don't want them to be happy today. I want them to be happy a decade from now.
Mark Thompson
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.
Mark Thompson
Risk and reward tend to be symmetrical. If you want to be a high-value company, you have to take more risks.
Mark Thompson
I probably won't make too much of a deal about it - Nathan is in his own little world sometimes and he just goes out and plays footy,
Mark Thompson
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