Our financial performance is unacceptable, we know that and we've been working hard to turn around North American operations to improve our financial performance.
The annual meeting used to last eight hours. I think we've come up with a pretty elegant solution. Now we can get to the grass-roots shareholders without a lot of contrived filibustering.
We've always said we have a number of strategic alternatives that we're looking at...We continue to do that.
To the extent we can prepare for that (a strike), we are preparing a contingency plan.
We'll conduct a thorough review, and consider it or any serious alternative proposal in due course.
While we have a lot of work to do and a lot of initiatives under way, bankruptcy is not one of them.
It's not that we've given up on the 5 percent margin [goal] but it's certainly not likely to be attained by 2003, ... The change in this program makes it much more relevant for our situation today.
We don't comment on specific investor activities.
We are still actively engaged in discussions about Hughes with multiple interested parties. Those discussions are progressing.
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