Operating Quotations | Page 9

Given our view that Longview could put up a fight, and our assessment of valuation as an operating entity (and our net asset value estimate), we would act on the opportunity to sell near the $26 bid.

Our operating profit surpassed our previous estimate because the one-time profit from returning pension funds to government was larger than expected.

Our operating procedures, as you suggest, do tend to smooth out short-run fluctuations in short-term interest rates,

Our operating performance was again exceptional by any comparable measure. ... However, we hold ourselves to higher standards.

Our operating income is showing progress. Yet, it does not reflect the group's growth potential. That is why in 2006, we will strengthen our focused growth strategy and strengthen our cost-reduction efforts.

Our operating expenses came down thanks to our cost-reduction efforts.

Our operating efficiency ratio of 58.80% for the quarter is within our long-term efficiency goal of 58% to 60%, reflecting the success of our recent expansion efforts and the continued strength of our existing franchise.

Writing a cross-platform worm is difficult because it limits you to functions that are available on both operating systems. You have to also code the virus in assembly to make it work without relying on any OS-specific function.

We're positioning ourselves as a company with double-digit revenue growth and 20-percent operating margins.

We're positioned to win in this environment. We've got the company so we can have good operating growth in 2003, ... We're executing on a very strong leadership agenda, transforming the portfolio and building sustainable growth.