We made excellent progress in 2005 by improving our management of the distribution channel, reducing inventories throughout the supply chain and reducing our capital spending and ultimately depreciation expense.
More Quotes from Mark Thompson:
It was a strain. He didn't have anything on his scans, and last week, we really could have played him. He trained last week as you all would have seen, and it was just precaution that we didn't play him, which almost helps this week because you know that he'll go into the game with the right frame of mind,Mark Thompson
As a club, I think we've gone from 15th in 2004 to about eighth or something in conversion from set shots.
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
I accept the premise that if the BBC remains nothing more than a traditional TV and radio broadcaster then we probably won't deserve or get license-fee funding beyond 2016, ... That is very definitely not our plan.
Mark Thompson
The audiences of tomorrow currently get too little of real value from the BBC and the BBC needs to think how it engages them and reflect their lives better.
Mark Thompson
(But Chapman) was probably always going to miss this week.
Mark Thompson
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