Eric Chen Quotations

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.

I think the cycle going forward is going to be more muted, or modest. I think 2005 was a good reflection of that.

We believe the shares of Numerical Technologies have been significantly oversold in the recent weeks given no change to the company's fundamentals and substantial progress in the company's strategic business plan. We are therefore adding the company to the Focus List in anticipation of what we believe to be strong near-term opportunities for share-price appreciation.

It's almost like a flat tax. It doesn't matter if you are small company, SOX costs a set amount. That generally means you have to generate a lot more revenue to offset that cost.

If you look at it that way it is quite a big burden, particularly on entrepreneurial companies. In an indirect way what that does is translate into a much higher cost of capital for companies like us.