The tech sector continues to be a drag. Outside the manufacturing sector, the market still has a long way to go.

To say it's slow is an understatement ? it's really a sign that people are playing it close to the vest. I think people really want to hear what Cisco has to say.

We're basically finished up for the day.

The market, I think, is treading water and needs more than Oracle.

We've been in a narrow range all day with light buying, but this is to be expected at the beginning of the new year.

Jim brings to the position many years of manufacturing experience and a hands-on approach to quality manufacturing and customer satisfaction. Our vertical approach to design and building world-class semiconductor equipment relies on quality design and efficient manufacturing. Over the years, Jim has proven his ability to lead our manufacturing organization to new levels of excellence.