Michael On
Michael On
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The post-Labor Day rally, I wasn't sold on. The fact that we didn't really crash over summer, I thought was a terrific blessing. I think sentiment is going to drive the market from here. The numbers are there, the numbers have not changed. The economy has not changed, it is still good, slowing down a little bit. We've got a nice stable platform. Earnings for second quarter were fabulous. They ought to be pretty good, I think, coming in here to the third quarter.
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The performance in global clearing was the only real negative we can point to this quarter as balance growth has clearly slowed here. But we also suspect that continued pressure on commission rates played a role here as well.
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We are pleased with our strong sales performance this quarter. Our U.S.A. comparable toy store sales were up 13 percent for the third quarter and 6 percent for the first nine months.
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We are pleased to have achieved our financial objectives for the fourth quarter and fiscal year. We look forward to carrying the strong momentum generated throughout 2005 into our next fiscal year.
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We believe that most of the issues impacting Lucent's September quarter results are company specific. Even increasing bad debt reserves because of emerging service provider credit concerns reflects Lucent's aggressive policy towards providing vendor financing.
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I consider myself a kind of a one-man government-in-exile. I don't want to call it a government - let's call it one man's idea of American freedom in exile.
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Interviews don't go to the core of my life. Everybody knows my life - it's an open book.
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I know a lot about Canadian politics. I lived in Canadian bars for six years.
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Film is something that came later into my life. I had a Jesuit education, and I consider acting and the theater as kind of a calling - a vocation.
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When I saw Paul Scofield do 'Love's Labor's Lost at Stratford,' that's when I saw the potential of the level of truth that could go on up there on a stage. I said, 'This is what I want to do.'
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Obama's IRS is not the IRS I've ever known for over seventy years as an American citizen.
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Violent drama has been a hallmark of every great civilization. It is not the cause of the disease - it is an immunizing factor. People go to the theater to experience emotions like fear and loathing. Violent drama shows us where we come from. It makes us face our hypocrisy.
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My passion is New York and the vitality that makes it special.
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With representation there to do the speaking, the guilty are suddenly given the freedom that comes with hiding behind the fact that they never said that - in fact, they never said anything!