Ed McKelvey
Ed McKelvey
fiscal good picture worse
The fiscal picture wasn't very good before and it's worse now.
discount employee marketing program seen successful
Seen in this light, ... the employee discount program was an enormously successful marketing coup.
certainly collapse companies context deal decline following keeping output particular places pressure price saw whenever
Whenever you have a collapse in a particular output price -- and we certainly saw a lot of that following Asia's decline -- it places a lot of pressure on companies to deal with keeping their revenues up. In that context consolidation isn't a big surprise.