Output Quotations | Page 3

Over the period ahead, as the full effects of the sequence of monetary policy moves plays out, I expect that output growth will settle on a path that is somewhat below what we saw in the first quarter, probably growing at close to the economy's potential.

There are people already sharing eBooks out there, ... and they do it simply because they love books. You don't buy a second copy of a book, cut the spine off, lay each page on a scanner, run that .tif through an OCR (Optical Character Reader), hand edit the resulting output for errors and then post it online if you don't love the book. it can up to 80 hours to turn a printed novel into an eBook. I figure if someone out there is willing to put in 80 hours of work promoting my book, then I'd prefer they do it in a way that gives a better return to me.

We still have a refining issue. Refineries in other parts of the country have been able to increase output but they will have to go down later this year for maintenance. Refinery output will then fall below normal.

Expanding our portfolio to include the STI technology provides our customers with a new way to reduce their energy consumption and costs. The added benefit of being able to control light output to more accurately light the playing area as well as reducing unnecessary spill light and sky glow, is very compelling for our clients.

More precisely stated, the problem is to write a source program that, when compiled and executed, will produce as output an exact copy of its source.

We expect this significant acceleration in production output will further reduce our costs and provide substantial new captive capacity to meet the anticipated growth in demand from new markets such as mobile phones and MP3 players, and enable us to better address geographies where we believe we have attractive opportunities to expand our market presence.

We expect the recent impressive recovery in industrial output to basically continue, based on exports and auto production data. February data are still prone to distortions from the Lunar New Year holiday.

In economic news, the Federal Reserve said that manufacturing output was down for the northeast with the Empire state off 20.1 from 26.3 in December. Industrial output nationally increased by 0.6% nationally while capacity utilization was at 80.7%. These numbers are important as the FOMC looks at them closely in determining inflationary trends. These numbers are still pointing to an expanding economy.

Industrial output was way ahead of expectations on the back of a strong recovery in manufacturing sector output.

The kids just played an exceptional game. Defense right now is playing very strong with five shutouts in 10 games. I'm excited for the guys that they were able to have a good offensive output tonight, and I hope we can that into the next two games this week.