Hank McKinnell Year Quotations

They had been putting the same percentage increase on each quarter, and in an unusually low quarter like last year that didn't' work, ... So we directed them to take down their second-quarter estimates through our guidance.

What analysts are coming to understand is that comparisons to last year are particularly difficult in the second quarter, ... And what I am sure they will soon understand is that comparisons are particularly easy in the fourth quarter and that makes our estimate of $1.56 to $1.60 (per share for 2002) fully achievable.