Brian Halla
Brian Halla
analog battery biggest clearly driving exactly half last life market plan three wireless
We're in the analog business, and analog is what's driving all the displays, and audio, and battery life in wireless. Wireless is clearly our biggest segment, and we plan on this market doing exactly what it's been doing for the last three and a half years.
awareness basic compete desire funding globally needed plays quality role security technology
What's needed is more funding for basic research, a desire to compete globally and an awareness of the role technology plays in our security and quality of life.
numbers
We feel comfortable that the numbers we've got out there are achievable.
ahead announced plan profits return schedule
We are ahead of schedule on the return to profits plan we announced on May 5.
ahead continuing direction goals gross margin
We are ahead of our gross margin goals and we are continuing in the same direction.
analog billion capital cash dollars drive ended fiscal goal gross invested margins percent return stronger year
We ended the year with over a billion dollars in cash reserves, a 21 percent return on invested capital and a stronger analog portfolio. Our goal in fiscal 2006 is to drive gross margins even higher.
call cautious early encouraged improvement recent remain
While we are encouraged by the recent seasonal improvement in bookings, we still feel it is too early to call the turn, and we remain cautious on the near-term outlook.
action conform continuing given impacts market maximize national necessary opportunity order people resources served tough weakness
This was a tough action for us to take, especially because it impacts many people who have served National well. However, given the continuing weakness in the marketplace, it is necessary to conform our resources to the market in order to maximize National's opportunity for long-term success.
both continued delivery entered fall improvement looking meaningful revenue second
We have entered the fall with much better backlog in place for delivery in the second quarter. We are looking for continued meaningful improvement in both revenue and profitability in the second quarter.
decline due expect fourth further low quarter sales
Due to the low bookings in the fourth quarter we now expect a further decline in sales for the first quarter.
although consumer demand driven early holiday mostly offset opportunity pockets product programs season specific strong weak
Early indications of consumer demand for the holiday season are not strong at this point, and although we have pockets of opportunity -- driven mostly by our specific product programs -- they may not be enough to offset weak end-user demand for this quarter.
becomes behind disappears display electric goes inside invisible pc
First the PC goes on a chip. Next, the PC becomes a plug-in behind the dashboard of your car, behind a flat-panel display in your kitchen, or inside a set-top box. The PC disappears just the way electric motors are invisible in our lives.
books-and-reading business far maximize profit
It's one thing to put this business on the books. It's far more important to maximize the profit from it.
bottom continued improved quarter sales soft summer time touched
Sales continued soft during the summer quarter. We think, however, we may have touched bottom as bookings in the first quarter improved for the first time in a year.