We acknowledge that representatives from the Korean FTC (Free Trade Commission) did pay an unscheduled visit to our office in Seoul earlier this week during normal business hours.
They paid a visit earlier this week and asked some questions consistent with previous inquiries. We cooperated with them then and will continue to cooperate.
We believe that our proxy is completely within the bounds of the law, and we believe that he is mistaken in his case. It will be vigorously defended.
We have cooperated with the FTC for the past several months, we did earlier this week and we continue to have discussions and meetings with them in the spirit of cooperation.
We said last fall we were not happy with our performance in the low-cost market.
We never stopped shipping them products during this dispute, ... We stopped shipping them confidential advance product information that was under non-disclosure.
While it's not appropriate for us to discuss specifically what the Korean FTC is looking at, suffice it to say that we have been and will continue to cooperate.
We've never forecasted earnings per share or profitability. We forecast a group of factors related to business fundamentals -- top-line revenue in a range, a range of gross margin, a range of expenses. Taking a long-term approach has worked for us.
This is part of an ongoing inquiry that we disclosed in June of 2005.
We don't see any impact. We are busily preparing for trial.
