Although our third-quarter earnings were not as favorable as those of the prior year, I am pleased with the outstanding box office performance to date of ' Armageddon ,'

While we are pleased with meeting our earnings targets for the quarter, we are even more pleased with the company's operating cash flow performance, with continuing operations $600 million ahead of plan for the first half of the year.

Samsung can continue to generate profit growth and earnings this quarter will be positive. The outlook this year is favorable.

It's going to have to be the third-quarter earnings to save the market.

While we were on target to meet prior consensus for third-quarter earnings, the terrorist attacks obviously had a significant impact on the overall economy and we saw clear evidence of that as consumer spending, business travel and investment activity slowed after Sept. 11,

The estimates are for earnings to be down 50 percent in the second quarter, 37 percent in the third quarter, and 12 percent in the fourth.