Ken Joyce Quotes (11 Quotes)

We believe that these initiatives, together with improved cash flow from business operations, have enhanced our financial flexibility. We currently have sufficient resources to retire the remaining '06 convertible notes at maturity and based on current forecasts we believe we will have sufficient liquidity available to satisfy the 146 million of 5 convertible notes due March 2007. As previously announced, during the first quarter of 2006 we purchased in the open market 30 million face value of our outstanding 471 million aggregate principal amount of 9.25 Senior notes due February 2008.

I thought he pitched well, picking up right where he left off last season. He deserved a better fate than what he got today.

He was going to give a run up eventually. I would rather he do it in a five-run game like today than a one-run game.

As we seek to increase profitability, we are undertaking a comprehensive program designed to streamline our corporate-wide support organization and reduce SGA costs. Fourth quarter SGA expenses included a charge of 3.3 million associated with employee reduction and separation expenses, which we expect to yield annualized savings of around 8 million. We intend to continue this process during 2006 with the goal of not only reducing costs, but also improving operational effectiveness.

Once runners got on, he started pitching away from contact. I told him, 'When you get the lead, let the batters put the ball in play.' Unfortunate for him, he lost the decision because of that, but he learned from it.

During the fourth quarter we completed a series of financing initiatives designed to improve our liquidity. We completed a NT1.8 billion (approximately 54 million) 5-year secured term loan with a group of Taiwanese lenders, and we replaced our 30 million secured revolving credit facility with a new 100 million senior secured revolver that is available through November 2009. In addition our chairman, James Kim, and members of his family, subscribed to an offering of 100 million of 6.25 convertible subordinated notes due 2013, the proceeds of which were used to repurchase 100 million of 5.75 convertible notes due June 1, 2006.

I can't understand how his record is how it is. It seemed like every one of his pitches had movement on it.

They made a good play. They executed well, but I thought our guys played well today, also. They just made the play in the end.

The college-aged players are a little bit more mature and have the opportunity to move a little bit more quickly through this organization.

I went back and forth with it in my head for a while before I made the decision.

It was nice to see (Cheng) go out and compete today without his best stuff.