Great Conference Call Summary from Yahoo:
adding additional SMT lines in Mexico to serve new business won and will start generating revenue in Q1 but still have existing capacity in molding and assembly"
"continue to execute our strategy to expand our business with both existing and new customers, across a wide range of industries" (4:12)
"increasingly well positioned to win new business," with control of manufacturing costs and efficiencies and with R&D investments to ensure long-term competitiveness
in response to questions, said that margins have moved into the upper range of the industry norm with increasing revenues as fixed costs of manufacturing get abrorbed ("dramayically")
"furthermore, we are currently pursuing a number of other programs that could have a positive impact on our long-term ..." (in addition to FY2006 new program wins)
new program wins
"quaklifications to begin in first half .. revenues to follow (10:00)
"we will begin generating revenues in Q1" (10:40)
in response to the question whether each quarter will see higher revenue from new program wins, mgt said that they had seen that pattern in the past with new program wins
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