"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."