This product is the number one development priority of the company, and I am willing to sacrifice short-term earnings in order to accelerate its longer-term potential.

It is clearly our preference that WJ recognize the merits of this so we can sit down and chat about it on a very cooperative basis on the near term, ... But, as I commented, we are considering all of our options including a tender offer.

To say I find these results unacceptable would be a gross understatement.

I truly believe it is in both my and the company's best interest for me to resign at this time. So both of us can get on with what we need to do to ensure a prosperous and fulfilling future.