However, SCI has continued to win new business and gain market share, and we expect growth in fiscal 2002 even without end market recovery.

Conditions in our markets are mixed, and we do not yet see clear signs of a recovery in end markets.

Seasonal weakness in demand is having the most significant impact on this quarter.

We are concerned with production growth year after year after year.

China's economy is expected to continue its extended cycle of strong growth, thanks to the pivotal role it plays in the global supply chain. China's solid manufacturing base is essential to neighboring Asian economies, which export key electronic components. Its emerging middle class and growing consumerism will continue to attract capital goods and luxury items from the rest of the world.

The students are coming, and we're going to have to do something to accommodate the growth.