"We effectively managed our distribution channel to closely match our shipments in with distributor sales out. Channel re-sales were seasonally down about 3% during the first quarter but were more than 17% higher than a year ago. We managed our sales into the channel to this level of re-sales, resulting in a slight decrease in absolute inventory levels for approximately flat weeks of supply in the channel compared to the prior quarter."
"We weren't prepared to take the risk last week with David Johnson, in saying that he's had about two weeks of really solid training where we've really given him a huge amount of work, tried to put match conditioning into him to see if we got through last week, and we have to wait and see whether we choose to play him this week."
"My vision for the future of the BBC has three parts: a bold new program and content strategy based above all around the idea of excellence; a transformation of the BBC into a state-of-the art digital broadcaster; and an irreversible shift in the culture of the BBC toward simplicity, opportunity and creativity,"
"We remain committed to our gross margin improvement goals that have us reaching 30 percent in 2006 and mid-30 percent in 2007. Our focus in 2006 is on improving our product mix, delivering more new leadership analog and integrated power products while reducing our exposure to lower margin standard products."
"I don't think Steven King did anything wrong and he shouldn't feel guilt even though he would be because of the injuries sustained, but he shouldn't really feel guilty because it could have easily been Steven smothering the ball and Jeff White kicking the ball. That's how simple and quick this game is. It can happen to anyone at any time."
"Even though we have not got the (winning) momentum of last year, we have the experience from last year and that's probably more important. It's a huge difference (to play in Melbourne). We haven't been a team that's travelled well and to play a final in Melbourne is significant even though it's against a team playing at home as well."
"We're very pleased that Mark is joining Fairchild's management team. His strong financial acumen will significantly contribute to the execution of our strategy. We had a strong finish to 2005 and enter 2006 with great momentum, focused on improving our gross margins and increasing the mix of higher-value new products. This is an exciting time for Fairchild, and we look forward to Mark's contributions as we continue to improve the quality of our business and drive stronger financial results."