We expect our 1999 sales to grow faster than the global economy as a result of new product introductions in each of our business units, expected demand for aircraft safety systems, market-share growth in the aerospace aftermarket, capacity expansion in turbochargers and recovery in the electronics market,

He's not a hollering and screaming guy. He's not a guy who's going to stand before you and give you a big speech.

It's a clarion call. I use examples. There may be a number of businesses that may be beyond salvation. The airlines obviously lead the list.

I don't think it has any long-term consequences. I think it will be decided on a case-by-case basis.

We expect strong defense aftermarket revenues combined with some renewed interest in business jet travel to partially offset softness in commercial air transport markets, ... These factors plus accelerated cost productivity gains are expected to help offset income lost from the commercial air transport business.

The near-term economic outlook still presents some difficulties in the first half of the year, ... We're also convince the company is ready to maximize the benefits of an anticipated economic recovery in the second half of the year.