Quotes about approximate (16 Quotes)



    All fashions are charming, or rather relatively charming, each one being a new striving, more or less well conceived, after beauty, an approximate statement of an ideal, the desire for which constantly teases the unsatisfied human mind.



    Thus, the more succinctly a train of thought was expounded, and the more comprehensive the unity of its basic idea, the closer it would approximate to the prerequisites of the mathematical way of thinking.


    A formal and consistent theory of inductive processes cannot represent the operation of every human mind in detail it will represent an ideal mind, but it will help the actual mind to approximate that ideal.



    Far better an approximate answer to the right question, which is often vague, than the exact answer to the wrong question, which can always be made precise.

    At least in the near term we are seeing a sharp decrease in natural gas prices because the weather has been warmer nationwide and storage levels are running 30 percent above the five-year average. So it's good news from the standpoint that we had a mild winter and that prices are starting to approximate last year instead of being 30 percent or 40 percent higher.


    As a result of increased sales, product mix and expense reductions, second quarter gross margins as a percentage of revenue improved to 39 percent from 35 percent in the second quarter of 2004 and from 32 percent in the first quarter of 2005. We expect gross margin as a percentage of revenue to approximate 40 percent in the second half of 2005. We improved on our second quarter guidance of a loss of 0.08 to 0.09 per share, due mainly to the deferral of previously planned UWB investments until later this year. In addition, we reached our near-term fund raising goal and added further liquidity by obtaining approximately 4.2 million in new equity and debt financing commitments on June 20. With continued focus on managing our balance sheet, including increasing inventory turns and reducing DSOs, we intend to reduce the company's financing requirements for the fourth quarter.


    A worker may be the hammer's master, but the hammer still prevails. A tool knows exactly how it is meant to be handled, while the user of the tool can only have an approximate idea.





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