Paul Nisbet
Paul Nisbet
exception lack major perhaps revenue seem weaker
The major disappointment was perhaps the lack of revenue growth. If you look at each of the (defense unit) segments, they all with one exception seem weaker than anticipated.
began budget forecasts group held information last leak november overly positive street until wall
I think the group was held back by overly pessimistic Wall Street forecasts until about November of last year. And then the budget information began to leak and it was much more positive than most had been anticipating.
bucket commercial dry events horrible news offset situation small thrown trying water
Honeywell is trying to offset the horrible situation they have on the commercial side. Any news about this (from Honeywell) is like having a bucket of water thrown on you with the events of Sept. 11 and trying to dry it off with a small handkerchief.
reason sure
I'm sure that this is one of the things that has been thought through by Northrop, and probably the reason they hesitated so long.
concerned investors living obviously
Investors obviously aren't concerned with it. I'm surprised, and I don't think he should have done it. But he doesn't make his living from writing.
carry formed good hopkins knows mike move regard team utmost
...He knows what he's doing. I think we'll just see a very good team being formed here that will carry on with what Debbie Hopkins started. We have a 'buy' on it. We feel that it was a good move to get this over with quickly. We've always had the utmost regard for Mike Sears.
half last orders
We'll probably have orders that may be no more than half of what we had last year.