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Are you talking about a "mentor" or a "probation officer"?
VTSS Rumor [Briefing.com] Market Report -- In Play (VTSS, INTC)
October 02, 2002 12:25:00 PM ET
Vitesse Semi rises for second day -- takeover rumor cited (VTSS) 0.90 +0.03: Shares of Comm IC company rising for the second consecutive session. Yesterday, issue advanced 28% after reiterating Q4 revenue guidance. Today, rumor that INTC or PMCS might be interested in a bid for the company is contributing to gains. Of course, difficult to imagine that many boards would entertain a takeover offer when the stock is down 93% yr-to-date; though, we have seen a few depressed-share deals over the past yr.
VTSS News Release. Vitesse Semiconductor Corporation Reiterates Guidance
Tuesday October 1, 12:30 pm ET
CAMARILLO, Calif.--(BUSINESS WIRE)--Oct. 1, 2002--Vitesse Semiconductor Corporation (Nasdaq:VTSS - News; "Vitesse" or the "Company") announced today that it expects revenue for the fourth quarter of fiscal 2002 ending September 30 to be approximately $38 million, which is within the range provided during the last earnings conference call on July 18, 2002.
Lou Tomasetta, President and CEO, said, "Normally we do not comment on analyst reports. However, in recent weeks a number of analyst and media reports have contained errors and misunderstandings that must be clarified for our shareholders.
"First, over 80% of our revenue in the last two quarters has been from storage, enterprise and metro applications. Analysts have left the impression that we remain heavily dependent on the core transport market. While this was true several years ago, it has not been the case lately. We have discussed our strategy to expand our focus to applications outside the core on numerous occasions and have reported revenue trends to support this transition in each quarter over the last year. While there are no areas in the communication IC space that are growing at robust rates, these applications in the storage, enterprise and metro areas are showing significantly better opportunities for growth compared to core transport.
"Second, operating expenses (R&D and SG&A) for the December 2002 quarter are expected to be approximately $39 million, down substantially from the $51 million reported for the June quarter, as a result of cost reductions and the restructuring discussed in the July earnings conference call. Additional cost reductions are expected in subsequent quarters as a result of the already announced restructurings. Some analysts continue to project future expenses at the June quarter levels.
"Third, net cash (cash minus convertible debt) has been positive for all of fiscal 2002. On our balance sheet total cash is shown on three line items: cash and cash equivalents, consisting of cash and fixed income securities with maturities under 90 days; short term investments consisting of fixed-income securities with maturities between 90 and 365 days; and long-term investments, consisting of fixed-income securities with maturities greater than 365 days. At June 30, 2002, this balance was $472 million. While we have explained this in detail, some reports have left the impression that today we have less cash than convertible debt. We expect to utilize cash in operations at a substantially lower rate over the next few quarters and we anticipate ending fiscal 2002 and 2003 with positive net cash.
"Additional details will be provided during our quarterly earnings conference call scheduled for the week of October 21, 2002. While our normal practice is not to comment on analyst reports and we do not undertake any obligation to do so in the future, we felt that it was important in this case to correct misleading information that we believe has led to confusion in the market."
Vitesse Semiconductor Corporation is a leading designer and supplier of innovative, high-performance integrated circuits (ICs) and optical modules used in next generation networking and optical communications equipment. The Company's products address the needs of Enterprise, Access, Metro, Core, and Optical Transport network equipment manufacturers who demand a robust combination of high-speed, high-service delivery and low-power dissipation in their products. In concert with its broad communications product portfolio, Vitesse also develops ICs for storage area networking and enclosure management. Vitesse is headquartered in Camarillo, California. Company and product information can be found on the web at www.vitesse.com or is available by calling 1-800-VITESSE.
I would like your response
Remember the old saw, "Be careful what you ask for, you just might get it."
Fred may be on-line much more than you realize. Perhaps he sees his role as warden/mentor, rather than as "sparring partner"?
BTW, please remember what you wrote to me: I choose what I respond to. (#msg-517950) Maybe Fred is of similar mind, and IMO, he just might ask you to respond to the questions I asked you re your #msg-517911.
Make the guy an offer, he takes you up on it and you quickly withdraw it.
This was Matt's prerogative, given it was Matt's unilateral offer. Joemoney did not accept the offer (#msg-517961). He indicated he would accept the offer at some future (undefined) time. This is not the same thing as acceptance. If Joemoney had actually tendered payment, i.e. "consideration", and Matt then withdrew the offer, that is another matter. (Basic Contracts -- Business Law I)
p.s. Please remit one pack of cigarettes in payment for this Jailhouse legal advice. <g>
Clearly. <g> Best to you Joe. AK
Care to respond to any of the questions I raised? (#msg-517932)
Joe, you said:
Did you read that? Matt clearly said it was alright to debate issues with attackers. People usually just don't run up to you and call you names without a reason. Name calling usually happens when the two debaters run out of intelligent things to say, which for some, can happen sooner than usual.
How does that square with you post to Phil, #msg-916987, where YOU tell him what he should not do, hit him with sarcasm (“like some people”), then make you point with “grow up”? This wasn’t a debate involving you -- you just took a pot shot into someone else’s argument, apparently for no purpose than looking for confrontation. You could have responded to the issues involved to make your point. BTW, what was your point?
As to your saying: If you're saying you're giving up on me, then I don't believe you put in your best effort. C’mon Joe, you’ve been non-responsive to Fred.
Given all the trouble you’ve been in here, your unwillingness to listen to the people who are genuinely trying to help you, and your believing you are not wanted on this site, why are you pushing so hard for posting rights?
Edit: I see you posted to Matt about Phil (My other two sparing pals NW & Bullrider are much less hostile and I believe if I choose to not post to them, they will in turn not post to me.. Wow, what you are saying really does not square with your post to Phil yesterday.
An optimist wakes up in the morning, opens the window, looks outside and says "Good morning God!"
The pessimist wakes up in the morning, opens the window, looks outside and says "Good God, morning!"
Redneck Haiku
by David Burge, the IowaHawk, the long-time humor columnist for Conservative News Service.
BEAUTY
Naked in repose
Silvery silhouette girls
Adorn my mudflaps
REMORSE
A painful sadness
Can't fit big screen TV through
Double-wide's front door
OPTIONS
Unemployment's out.
Hey, maybe I can get on
Disability
MOTHER AND CHILD
Crusted in boogers,
Stained with Kool-Aid, baby has face
Only Mama loves
BLAZE
Distant siren screams
Dumb-ass Verne's been playing with
Gasoline again
A NEW MOON
Flashlights pierce darkness
No nightcrawlers to be found
Guess we'll gig some frogs
EXUBERANCE
Joyous, playful, bright
Trailer park girl rolls in puddle
Of old motor oil
ALONE
Seeking solitude
Carl's ex-wife Tammy files for
Restraining order
DESIRE
Damn, in that tube-top
You make me almost forget
That you are my cousin
HATRED
I curse the rainbow
Emblazoned upon his hood
Gall dern Jeff Gordon
OFFERINGS
Tonight we hunger
Grandma sent grocery money
To Robert Tilton
DRAMA
Set the VCR
Dukes of Hazzard Marathon
At 9 O'Clock
DEPRIVED
In WalMart toy aisle
Wailing boy wants wrestling doll
Mama whups his ass
NO SIGNAL
White noise, buzzing static
Call Earl; satellite dish
needs new descrambler
IMPOUNDED
Sixty-five dollars
And cyclone fence keeps me from
My El Camino
GATHERING
In early morning mist
Mama searches Circle K for
Moon Pies and Red Man
PRIDE
Grinning, he displays
The nine hundred beer cans
Filling pickup bed
HMO Angst
Mr. Smith goes to the doctor's office to collect his wife's test results.
The lab tech says to him, "I'm sorry, sir, but there has been a bit of a mix-up and we have a problem. When we sent the samples from your wife to the lab, the samples from another Mrs. Smith were sent as well and we are now uncertain which one is your wife's. Frankly, that's either bad or terrible."
"What do you mean?"
"Well, one Mrs. Smith has tested positive for Alzheimer's disease and the other for AIDS. We can't tell which is your wife."
"That's terrible! Can we do the test over?" asked Mr. Smith.
"Normally, yes. But you have an HMO, and they won't pay for these expensive tests more than once."
"Well, what am I supposed to do now?"
"The HMO recommends that you drop your wife off in the middle of town. If she finds her way home, don't sleep with her."
Redneck Valentine?
Collards is green
my dog's name is Blue
and I'm so lucky
to have a sweet thang like you.
Yore hair is like cornsilk
a-flappin' in the breeze
Softer than Blue's
without all them fleas.
You move like the bass
which excite me in May.
You ain't got no scales
but I luv you anyway.
Yo're as satisfyin' as okry
jist a-fry'n in the pan.
Yo're as fragrant as snuff
right out of the can.
You have some of yore teeth
for which I am proud.
I hold my head high
when we're in a crowd.
On special occasions,
when you shave under yore arms,
well, I'm in hawg heaven,
and awed by yore charms.
Still them fellers at work,
they all want to know,
what I did to deserve
such a purdy young doe.
Like a good roll of duct tape
yo're there fer yore man,
to patch up life's troubles
and fix what you can.
Yo're as cute as a Mississippi junebug
a-buzzin' overhead.
You ain't mean like those far ants
I found in my bed.
Cut from the best cloth
like a plaid flannel shirt,
you spark up my life
more than a fresh load of dirt.
When you hold me real tight
like a padded gunrack,
my life is complete,
ain't nothin' I lack.
Yore complexion is perfection,
like the best vinyl sidin',
despite all the years,
yore age, it keeps hidin'.
Me "n" you's like a moon pie
with a RC cold drank,
we go together
like a skunk goes with stank.
Some men, they buy chocolate
for Valentine's Day,
they git it at Wal-Mart,
it's romantic that way.
Some men git roses
on that special day
from the cooler at Kroger,
"That's impressive", I say.
Some men buy fine diamonds
from a flea market booth.
"Diamonds are forever,"
they explain, all suave and couth.
But for this man, honey,
these won't do.
Cause yo're too special,
you sweet thang you.
I got you a gift,
without taste or odor,
more useful than diamonds,
it's a new trollin' motor!
Yipppeee...Yee ha!
Happy Valentine's Day, ya'll!
Plagiarist! <g> See #msg-427943. Also suggested "bring food and beer".
Attention Old Timers. This is trouble. Now there are jokes about being over 30!
The following is courtesy of the Sept. 2002 issue of Esquire:
Things a man should never do after the age of 30:
1. Use the word "party" as a verb.
2. Shots.
3. Body shots.
4. Jell-o shots. Especially Jell-o shots
5. Read a book with the words "Zen & The Art Of" in the title.
6. Do impressions of "Austin Powers" characters, especially Dr. Evil.
7. Help friends move.
8. Ask friends to help you move.
9. Crash on a friend's floor or couch.
10. Refer to breasts as "chesticles".
11. Experiment with facial hair.
12. Let your underpants show above your jeans or below your shorts.
13. Apply paint to your face for any reason at all.
14. Own beer-drinking paraphernalia.
15. Own a skull bong.
16. Know the names of the current "Real World" cast.
17. Remove your shirt in public - unless there is sand or a large body of
water nearby.
18. Use the word "dude", except when referring to a ranch or a well-dressed
Englishman.
19. Use the word "dawg" in a sentence when referring to a friend or, worse,
to yourself.
20. Own a futon.
21. Own a beanbag chair.
22. Hang art framelessly.
23. Hang tapestries.
24. Drink malternative beverages.
25. Don a puka-bead necklace.
26. Google ex-girlfriends.
27. Break up with a girlfriend by e-mail.
28. Engage in pranks involving airborne food.
29. Own a lava lamp.
30. Pool hop.
31. Live with someone you don't sleep with.
32. Share a hotel room with someone you don't sleep with.
33. Play fantasy sports.
34. Divide a restaurant bill with a friend in any way other than 50-50.
35. Sleep past 10:30.
36. Refer to a woman's genetalia as her "nappy dugout".
37. Cook exclusively on a George Foreman grill.
38. Wear a jersey with the name of a professional athlete on the back.
39. Employ any other pickup line besides "Hi, my name is ________. What's
yours?"
40. Listen to Pink Floyd.
41. Use internet acronyms, especially ROFL and LOL.
42. Shave any part of your body except your face.
43. Enjoy Jerry Bruckheimer movies.
44. Run with the bulls in Pamplona.
45. Attend Mardi Gras, Carnaval, or Burning Man.
46. Own a fish tank.
47. Fall asleep in public.
48. Call drugs by their street names (e.g., junk, smack, or whitebag).
49. Pick a fistfight by thrusting out your neck, flexing, and
screaming, "It's go time!"
Phil, are you making a joke about the FBI? Please say it isn't so. You would waste their time because someone expressed an opinion you didn't agree with? Don't you think they have enought real work to do? What in the world would you expect them to do?
You did forget the <g> in your message??
Wouldn't it be nice if you and the boys could reminisce about your Jailhouse experiences over on The Parking Lot #board-37. That's the place for "fun"; looks like The Jailhouse is the place for behaviour modification. Of course, that's not to say people can't have fun while in the asylum, but wouldn't you rather have a mentor than a warden?
Best, AK
p.s. Gads, you guys sure have a lot of time on your hands <g>.
God's Diet Plan
And God populated the earth with broccoli and cauliflower and spinach and green and yellow vegetables of all kinds, so Man and Woman would live long and healthy lives.
And Satan created McDonald's. And McDonald's brought forth the 99-cent double-cheeseburger.
And Satan said to Man, "You want fries with that?"
And Man said, "Super size them." And Man gained pounds.
And God created the healthful yogurt, that woman might keep her figure that man found so fair.
And Satan froze the yogurt, and he brought forth chocolate, nuts and brightly colored sprinkle candy to put on the yogurt.
And woman gained pounds.
And God said, "Try my crispy fresh salad."
And Satan brought forth creamy dressings, bacon bits, and shredded cheese.
And there was ice cream for dessert. And woman gained pounds.
And God said, "I have sent your heart healthy vegetables and olive oil with which to cook them."
And Satan brought forth chicken-fried steak from Cracker Barrel so big it needed its own platter.
And Man gained pounds, and his bad cholesterol went through the roof.
And God brought forth running shoes, and Man resolved to lose those extra pounds.
And Satan brought forth cable TV with remote control so Man would not have to toil to change channels between ESPN and ESPN2.
And Man gained pounds.
And God said, "You're running up the score, Devil."
And God brought forth the potato, a vegetable naturally low in fat and brimming with nutrition.
And Satan peeled off the healthful skin and sliced the starchy center into chips and deep-fat fried them.
And he created sour cream dip also.
And Man clutched his remote control and ate the potato chips swaddled in cholesterol.
And Satan saw and said, "It is good." And Man went into cardiac arrest.
And God sighed, and created quadruple bypass surgery, angioplasties, and stints . . . . .
And Satan created HMO's...
Scotland Remembers Awful Poet
Fri Sep 27, 2:40 PM ET
DUNDEE, Scotland (AP) - Scotland's worst poet was remembered Friday with a new walkway dedicated to his memory beside the river he immortalized in his mangled meter.
The first verse of William Topaz McGonagall's poem, "The Railway Bridge over the Silvery Tay," has been engraved in stone along the new McGonagall walkway by the River Tay in his home city of Dundee.
"Beautiful Railway Bridge of the Silvery Tay!/ With your numerous arches and pillars in so grand array/ And your central girders, which seem to the eye/ To be almost towering to the sky," does not lightly trip off the tongue, but many Scots love their purveyor of worst verse.
"It's wonderful that 100 years after his death he is being celebrated, and I think he would be overjoyed at this kind tribute to his memory, thoughtfully positioned in one of his favorite places," said Mary Ross, a relative who attended the unveiling ceremony on the 100th anniversary of McGonagall's death.
Dundee already has a McGonagall Square with a plaque commemorating the poet, and the public library has a good collection of his works.
The self-taught son of an Irish cotton weaver, McGonagall was born in the Scottish capital, Edinburgh, but worked most of his life as a hand loom weaver in Dundee's jute mills.
The muse struck when he was 47, and he recalled being overcome with a strange feeling: "It was so strong, I imagined that a pen was in my right hand, and a voice crying, 'Write! Write!'"
And so he did — more than 200 poems on everything from famous Scottish battles to Queen Victoria's Golden Jubilee.
He was paid for his work just once, for a Sunlight Soap commercial that read, "You can use it with great pleasure and ease/ Without wasting any elbow grease/ And when washing the most dirty clothes/ The sweat will not be running from your nose."
McGonagall died of a stroke in Edinburgh in 1902, where he is buried.
God's Diet Plan
And God populated the earth with broccoli and cauliflower and spinach and green and yellow vegetables of all kinds, so Man and Woman would live long and healthy lives.
And Satan created McDonald's. And McDonald's brought forth the 99-cent double-cheeseburger.
And Satan said to Man, "You want fries with that?"
And Man said, "Super size them." And Man gained pounds.
And God created the healthful yogurt, that woman might keep her figure that man found so fair.
And Satan froze the yogurt, and he brought forth chocolate, nuts and brightly colored sprinkle candy to put on the yogurt. And woman gained pounds.
And God said, "Try my crispy fresh salad."
And Satan brought forth creamy dressings, bacon bits, and shredded cheese.
And there was ice cream for dessert. And woman gained pounds.
And God said, "I have sent your heart healthy vegetables and olive oil with which to cook them."
And Satan brought forth chicken-fried steak from Cracker Barrel so big it needed its own platter.
And Man gained pounds, and his bad cholesterol went through the roof.
And God brought forth running shoes, and Man resolved to lose those extra pounds.
And Satan brought forth cable TV with remote control so Man would not have to toil to change channels between ESPN and ESPN2. And Man gained pounds.
And God said, "You're running up the score, Devil."
And God brought forth the potato, a vegetable naturally low in fat and brimming with nutrition.
And Satan peeled off the healthful skin and sliced the starchy center into chips and deep-fat fried them.
And he created sour cream dip also.
And Man clutched his remote control and ate the potato chips swaddled in cholesterol.
And Satan saw and said, "It is good." And Man went into cardiac arrest.
And God sighed, and created quadruple bypass surgery, angioplasties, and stints . . . . .
And Satan created HMO's...
CCMP. Martin M. Ellen to Assume Role at Snap-On Incorporated
Wednesday September 25, 4:15 pm ET
AURORA, Ill., Sept. 25 /PRNewswire-FirstCall/ -- Cabot Microelectronics Corporation (Nasdaq: CCMP - News), the leading supplier of chemical mechanical planarization (CMP) polishing slurries to the semiconductor industry, today announced that Martin M. Ellen, its vice president and chief financial officer, will be resigning as of October 25, 2002 to become the senior vice president and chief financial officer of Snap-on Incorporated (NYSE: SNA - News), a $2 billion global automotive and industrial products and services company. Cabot Microelectronics has already initiated a search for a replacement.
"I am proud of Cabot Microelectronics' solid performance through the global economic and semiconductor industry downturn. The company has a solid management team that has performed well during this difficult economic period, and I continue to be optimistic about Cabot Microelectronics' continued opportunities for growth and value creation for its shareholders. However, I could not turn down this unique opportunity to help lead a $2 billion revenue company in an industry that always has been attractive to me," stated Mr. Ellen. "My ongoing confidence in and commitment to Cabot Microelectronics is perhaps best shown by my decision to remain on board through the close of this fiscal year and preparation for our year-end earnings release at the end of October."
Matthew Neville, Chairman, President and CEO of Cabot Microelectronics, thanked Mr. Ellen for his outstanding contribution to the strategy, growth and financial strength of Cabot Microelectronics. "Marty has been a key player in helping us to refine our strategy, execution and fiscal management through the economic downturn, and improve the rigor with which we manage and expand our business. He leaves us well-positioned for the future, and we wish him well in his new endeavor."
About Cabot Microelectronics Corporation
Cabot Microelectronics, headquartered in Aurora, Illinois, USA, is the world leader in the development and supply of high-performance polishing slurries used for chemical mechanical planarization (CMP), a process that enables the manufacture of the most advanced integrated circuit (IC) devices and hard disk drive components. The Company reported fiscal 2001 revenues of $227.2 million. For more information please visit www.cabotcmp.com or call 1-630-499-2600.
---------------------------------------------------------------
Source: Cabot Microelectronics Corporation
The Jar
A 75 year old man went to his doctor's office to get a sperm count.
The doctor gave the man a jar and said, "Take this jar home and bring me
back a semen sample tomorrow."
The next day, the 75 year old man reappeared at the doctor's office and gave
him the jar, which was as clean and empty as on the previous day.
The doctor asked what happened, and the man explained, "Well, doc, it's like
this.......... First I tried with my right hand, but nothing. Then I tried
with my left hand, but still nothing. Then I asked my wife for help. She
tried with her right hand, then her left, still nothing. She even tried with
her mouth, first with the teeth in, then with her teeth out, and still
nothing. We even called up Earleen, the lady next door, and she tried too,
first with both hands, then an armpit, and she even tried squeez'n it
between her knees, but still nothing."
The doctor was shocked! "You asked your neighbor?"
The old man replied, "Yep, but no matter what we tried, we still couldn't
get the jar open!"
I used to run with a guy who's Mother used to drink any beer he put in the fridge "to keep him from drinking it".
So was she trying to make him feel guilty for her being soused, or was he trying to make her feel guilty knowing she would take his beer?
Sounds like typical family dynamics. Like you, I'm not sure how all this relates to the discussion either. <g>
AK
Inner Peace
Someone sent me an article that said the way to achieve inner peace is to finish things you've started. It is definitely working for me. I am now making a point of always finishing what I start, and I think I am well on my way toward finding inner peace.
Because I care for you, I am passing this wisdom on to you. Here are the things that I have finished today:
two bags of potato chips,
a strawberry cheesecake,
a package of Oreo's,
a bottle of wine,
and a small box of chocolates.
I think this really works because I feel better already!!!
Pass this along to everyone you know who may need Inner Peace.
Holy Water
One morning a man came into the church on crutches. He stopped in front of the holy water, splashed some on each leg, and then threw away his crutches.
An alter boy witnessed the scene and then ran into the rectory to tell the priest what he'd just seen.
"Son, you've just witnessed a miracle," the priest said. "Tell me where is this man now?"
"Flat on his ass over by the holy water," said the boy.
How would you make a marriage work?
Tell your wife that she looks pretty even if she
looks like a truck.
--Ricky, age 10
How would the world be different if people didn’t get married?
There sure would be a lot of kids to explain,
wouldn't there?
--Kevin, age 9
Is it better to be single or be married?
I don't know which is better, but I'll tell you one
thing. I'm never going to have sex with my wife. I
don't want to be all grossed out.
--Theodore, age 8
It's better for girls to be single but not for boys.
Boys need someone to clean up after them.
--Anita, age 9
When is it okay to kiss someone?
When they're rich.
--Pam, age 7
The law says you have to be eighteen, so I wouldn't
want to mess with that.
--Curt, age 7
The rule goes like this: If you kiss someone, then
you should marry them and have kids with them. It's
the right thing to do.
--Howard, age 8
What would you do on a first date that was turning sour?
I'd run home and play dead. The next day I would
call all the newspapers and make sure they wrote about
me in all the dead columns.
--Craig, age 9
What do most people do on a date?
Dates are for having fun, and people should use them
to get to know each other. Even boys have something to
say if you listen long enough.
--Lynnette, age 8
On the first date, they just tell each other lies,
and that usually gets them interested enough to go for
a second date.
--Martin, age 10
What do you think your mom and dad have in common?
Both don't want any more kids.
--Lori, age 8
How can a stranger tell if two people are married?
You might have to guess, based on whether they seem
to be yelling at the same kids.
--Derrick, age 8
What is the right age to get married?
Twenty-three is the best age because you know the
person FOREVER by then.
--Camille, age 10
No age is good to get married at. You got to be a
fool to get married.
--Freddie, age 6
How do you decide whom to marry?
You got to find somebody who likes the same stuff.
Like, if you like sports, she should like it that you like
sports, and she should keep the chips and dip coming.
--Alan, age 10
No person really decides before they grow up who
they're going to marry. God decides it all way before,
and you get to find out later who you're stuck with.
--Kirsten, age 10
Hey guys, this is guilt:
"If you don't eat, it will kill your mother and grandmother."
AK
Please explain. Thanks. AK
findit, re-read Zeev's answer to your question yesterday. #msg-500109
Zeev's not in this morning. See #msg-500606 "... Enjoy the morning's fire work, I am not in tomorrow morning"...
Hi Bob, I'm logged into server 2 now, but all the messages I had read now show as un-read; this has happened before when I've been switched between servers. Anybody else mention this to you? AK
Hi Bob, I'm logged onto Server 1 also. AK