We are forecasting that actual capital expenditure growth will likely come in at or below 10 percent. Therefore, we are cutting numbers for 2001 across the board.

While we remain optimistic about the long-term growth opportunities in the sector, we are disappointed that we will not meet our revenue and profitability goals this quarter.

Newell will continue to struggle until it can sustain meaningful consolidated revenue growth. We are not sure why the current restructuring will create a meaningfully different result than the last restructuring.

We remain confident that digital music will return the industry to growth in due course.

We expect that this order will help us gain a widespread customer base in China, contribute to our revenue growth in 2006 and lead to higher fiber sales and increased profit in 2007 and beyond.

The outlook for 2006 is quite robust as we are looking for the growth momentum to be maintained. The main reason for the higher fourth-quarter numbers was the manufacturing sector.