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Hey all!
I'm new to the art of dyeing fabrics, and my first project is a tricky one. I have a brand new Osprey Aura 65 liter backpack that happens to be bright baby blue. I need the pack to be more camouflage so that I don't have to carry it around with me.
The many two fabrics that it is made out of are 2100D Twill Velocity Cordura and 160D x 210D Window Ripstop Cordura. Can it be dyed without having the color run everywhere when it gets rained on? If so, what do you recommend doing?
Thanks for any advice!


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50 States Quarter Set
- Sold for: Start Free Trial or Sign In to see what it's worth.
- Item Category: Coins & Currency
- Source: eBay
- Sold Date: Apr 13, 2014
- Channel: Auction House Sell similar item on eBay
This set includes 1999-2008 state quaters 50pcs, album and a center booklet giving a short history of the quarters and each state. Nice set.


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Safe Haven (I) (2013)
Plot Summary
When a mysterious young woman named Katie appears in the small North Carolina town of Southport, her sudden arrival raises questions about her past. Beautiful yet self-effacing, Katie seems determined to avoid forming personal ties until a series of events draws her into two reluctant relationships: one with Alex, a widowed store owner with a kind heart and two young children; and another with her plainspoken single neighbor, Jo. Despite her reservations, Katie slowly begins to let down her guard, putting down roots in the close-knit community and becoming increasingly attached to Alex and his family. But even as Katie begins to fall in love, she struggles with the dark secret that still haunts and terrifies her . . . a past that set her on a fearful, shattering journey across the country, to the sheltered oasis of Southport. With Jo's empathic and stubborn support, Katie eventually realizes that she must choose between a life of transient safety and one of riskier rewards . . . and that in the darkest hour, love is the only true safe haven.- Written by Nicholas Sparks
A young woman with a mysterious past lands in Southport, North Carolina where her bond with a widower forces her to confront the dark secret that haunts her.- Written by Anonymous
In suburban Boston, a young woman (Julianne Hough) leaves her house after being shown in possession of a bloody knife...See full synopsis » (Warning: contains spoilers!)


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We are excited that you will be joining us in August. View the Conservatory Orientation pages. You will find important information to help you navigate through course registration, theory placement testing and the schedule of events specifically for incoming conservatory students during August College Orientation.
November 3 - 4 Conservatory Open House and Auditions
January 20
January 26 - 27
February 9 - 10


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Pumpkin Spice Bundt Cake
Pumpkin Spice Bundt Cake has rich pumpkin flavors balanced with a touch of vanilla. Dust with powdered sugar to add an extra flair before serving. Great as a dessert or a snack.
- 5 ounces butter
- 1 1/4 cups packed brown sugar
- 1 teaspoon vanilla extract
- 2 large eggs
- 1 1/2 cups pumpkin
- 2 1/4 cups all-purpose flour
- 1 1/4 teaspoons baking soda
- 3/4 teaspoon salt
Directions, Reviews, Nutrition
Cream together the butter, brown sugar and vanilla. Add the eggs and then the pumpkin, mixing between each addition. Sift together the dry ingredients. Stir the raisins into the dry ingredients, separating any clumps of the raisin. Add the dry mix to the pumpkin mix 1/4 cup at a time, mixing between each addition. Turn mixture into prepared bundt pan.
Bake for appxoimately 90 minutes, checking after 60 minutes to determine doneness.
Dust cake with powdered sugar, if desired. Serve with COFFEE-MATE Dreamy Cinnamon Hazelnut Coffee Recipe.
What did you think? Share Your Review »
Be the first to review this recipe!
Thank you for reviewing this recipe.
Nutrition Information
Nutrition Facts
Serving Size: 1/6 of Recipe
Servings Per Recipe: 6
- Amount Per Serving
*Percent Daily Values are based on a 2,000 calorie diet.


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Ikoma Gomuri was an omoidasu of the Lion Clan.
Hito Assistant Edit
Gomuri was appointed as assistant to Ide Ukuri, Hito district's governor, a likeable man who quickly considered Gomuri his friend. Gomuri served him as a meek, resilient, and adaptable counselor. [1]
Real Demeanor Edit
At heart, Gomuri was a thrill-seeker and hedonist beyond measure who indulged in opium and sake, gambled, and visited geisha houses. In 1123 he was interested in get the favors of the two samurai-ko district representatives in the Sentaku Tribunal, Matsu Kori and his Lord's daughter Otaku Geshiko, so he began to court both. [2]
See also Edit
|This Lion Clan related article is a stub. That means that it has been started, but is incomplete. You can help by adding to the information here.


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Talk:Proposed features/sluice gate
Needed, but ...
this proposal takes a too narrow view. As you see in the Wikipedia, there is much more to cover with this feature - not only "in agricultural areas", not only used for irrigation. --nkbre 00:12, 10 January 2011 (UTC)
I don't really think, that this change will do enaugh. The description has to be more general. For example:
A sluice gate is a facility to control water levels and flow rates of waterways. Sluice gates are commonly used for controlled irrigation and drainage of agricultural or other areas. They can be part of the flood protection system. In some cases, sluice gates are in pairs with one on either side of a dike. (see wikipedia:Sluice, wikipedia:de:)
--nkbre 18:03, 22 January 2011 (UTC)
Another type of gate which somehow needs to be covered by this proposal: a flood gate which is built into a dyke, often to make it possible to have a road going through a dyke.
--Eliasp 03:11, 28 May 2012 (BST)
Yes, there is a tag needed. But wikipedia:Coupure doesn't fit here. Because sluice_gate is a part of waterway and what you mean is a highway crossing a gate in a man_made=dyke. Water shouldn't flow here - never.
--sperlingskauz 23:44, 04 February 2017 (UTC)
There are seamark:gate:category=sluice with seamark:type=gate and seamark:gate:category=dyke with seamark:type=gate based on IHO Datamodel (International Hydrographic Organization). For further information see https://wiki.openstreetmap.org/wiki/Seamarks/Gates .


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Anatomy and Cell Biology
off-campus site through a satellite campus or regional partner.
The Department of Anatomy & Cell Biology provides education in the main sub-disciplines of the anatomical sciences (cell biology, developmental biology, human anatomy, histology, neurobiology and biomedical imaging) and includes prerequisite courses for professional schools and graduate studies in many areas of the health and life sciences. Graduates have wide-ranging career opportunities, particularly in the fields of biomedical research, health sciences, and biotechnology.
Program Options
Bachelor of Science - Anatomy & Cell Biology
- B.Sc. Four-year
- B.Sc. Three-year
- B.Sc. Honours
- B.Sc. Double Honours
Admission Requirements and Deadlines
Admission requirements depend on your situation. Tell us about yourself:
What is Anatomy & Cell Biology?
Students in Anatomy & Cell Biology have opportunites to acquire hands-on experience in scientific discovery through participation in departmental research in areas of cell and molecular biology, neurobiology, developmental biology and biomedical imaging.
Anatomy and Cell Biology: Is it for you?
Anatomy and Cell Biology B.Sc. programs provide an excellent foundation of knowledge in the biomedical sciences for students seeking subsequent admission into health science professional schools such as medicine, dentistry, physical therapy, chiropractic medicine and optometry. Anatomy and Cell Biology B.Sc. program graduates are also well qualified to progress into more advanced biomedical research training at the M.Sc. and Ph.D. levels at various academic institutions worldwide. In addition, Anatomy & Cell Biology graduates have career opportunities in the biotechnology industry.
Sample Classes
- ACB 310: Basic Human Anatomy
This course covers the structure and functions of the human body. All major body systems are surveyed via lectures and practical laboratory sessions that focus on the direct study of human tissues.
- ACB 325: Advanced Cell Biology
Recent concepts in the regulation of cell growth, development and function are considered. Topics covered include regulation of gene expression, synthesis and processing of RNA and protein, cell cycle regulation, and cellular signaling mechanisms. Emphasis is placed on how these processes are regulated and how they in turn combine to regulate overall cellular activities.
- ACB 331: Methods in Cell and Developmental Biology
This course will provide laboratory experience in cell and developmental biology. Instruction on, and use of, techniques such as cell culture, expression of proteins in cells, basic cytology, and immunofluorescence will be some of the areas covered.
Career Opportunities
- Anatomist
- Cell Biologist
- Neuroscientist
- Biomedical Researcher
- Biotechnologist
- Health Science Educator
- Pathology Technician
- Health Policy Developer and Program Administrator
Skill Sets Gained
- Critical and analytical thinking
- Problem-solving skills
- Scientific communication skills: written and oral
- Training in laboratory research techniques
- Experience in original biomedical research
- Collecting and analyzing experimental data
- Interpreting research findings
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Times have changed, and your old card is missing some useful features that are now standard on our cards. With your new card you'll be able to do things like shopping, making tap & goTM payments or banking overseas. Whenever you press 'credit' when you make a purchase or use the tap & go, you're also protected by MasterCard's
Zero Liability policy, which covers you against fraudulent transactions on your card. More on that here.
Of course, your new card will also do everything your old card could. And it's still a debit card, not a credit card – so you're always using your own money to make purchases.
We do everything we can to keep fees to a minimum, but banking overseas does come with some costs attached.
If you're an Interest ME Savings Account customer, you can read up on the fees for overseas transactions here.
If you're an Ultimate Offset Account customer, you would have been sent your new fee info by mail. If you need another copy, just get in touch.
Online: Log in to internet banking and click the 'Card Management' tab on the left. Then click on the 'Activate[RK4]' link shown under your new card details.
Over the phone: Just call 1300 307 986 and follow the steps. You'll need your 'Party ID' number handy, which is in the letter you got with your new card.
Once we've sent out your new card, your old one will only work for the next 30 days. (It'll also get deactivated automatically when you activate your new card.)
Whenever someone changes their card PIN, we automatically send them a letter confirming the change – just to make sure everything's on the level.
This can also happen when you first activate a new card if your PIN gets changed as part of that process. If that's what happened in your case, you just ignore that PIN reset letter.


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Logitech International S.A. (NASDAQ:LOGI)
F4Q10 Earnings Conference Call
April 29, 2010 8:30 AM ET
Joe Greenhalgh – VP, Finance and IR
Jerry Quindlen – President and CEO
Erik Bardman – SVP, Finance and CFO
Ashish Sinha – Morgan Stanley
Yair Reiner – Oppenheimer & Co.
Jonathan Tseng – Merrill Lynch
Alexander Peterc – Exane BNP Paribas
Simon Schafer – Goldman Sachs
Christoph Gretler – Credit Suisse
Good day, ladies and gentlemen, and welcome to the Logitech fourth quarter financial results conference call. At this time, all participants are in listen-only mode. We will be conducting a question-and-answer session towards the end of this conference and instructions will follow at that time. This call is being recorded for replay purposes and may not be reproduced in whole or in part without written authorization from Logitech.
I would like to introduce your host for today's call, Mr. Joe Greenhalgh, Vice President of Finance and Investor Relations at Logitech. Please proceed.
Joe Greenhalgh
Welcome to the Logitech conference call to discuss the company's results for the fourth quarter and fiscal year ended March 31, 2010.
A press release, a live webcast of this call, and accompanying presentation slides are available online at logitech.com.
This conference call will include forward-looking statements, including forward-looking statements with respect to future operating results that are being made under the Safe Harbor of the Securities Litigation Reform Act of 1995. The forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those anticipated in the statements.
Factors that could cause actual results to differ materially include those set forth in Logitech's Annual Report on Form 10-K dated June 1, 2009 and subsequent filings which are available online on the SEC EDGAR database and the final paragraph of the press release reporting fourth quarter and full year results issued by Logitech and available at logitech.com. The press release also contains accompanying financial information for this call.
The forward-looking statements made during this call represent management's outlook only as of today and the company undertakes no obligation to update or revise any forward-looking statements as a result of new developments or otherwise.
I would like to remind you that this call is being recorded, including the question-and-answer portion and will be available for replay on the Logitech website. For those of you just joining us, let me repeat that presentation slides accompanying this call are also available on our website.
Joining us today from Zurich is Jerry Quindlen, President and Chief Executive Officer and in Freemont we have Erik Bardman, Senior Vice President of Finance and Chief Financial Officer.
I would now like to turn the call over to Jerry.
Jerry Quindlen
Thanks, Joe and thanks to all of you for joining us. I'm quite pleased to report that we ended fiscal 2010, which was arguably the most difficult year in Logitech's history on a very positive note with very strong sales and gross margin performance. Our sales, operating profit and gross margin all exceeded the outlook we shared at the start of the quarter.
We returned to generating double digit year-over-year sales growth and we continue to demonstrate outstanding working capital management. One of the highlights of our full year performance is that we delivered a gross margin of 31.9%, essentially backing our long term model range of 32% to 34% and higher than our gross margin in fiscal 2009.
Considering our Q1 fiscal 2010 gross margin was roughly 24%. The improvement we achieved during the year is particularly significant and reflects a number of factors including strong consumer acceptance of our innovative new products, supply chain efficiencies, the completion of the reset of our channel partner's weeks of supply and favorable exchange rate movements.
Now let me comment on some of the highlights of our Q4 performance. I'm very pleased that we experienced sell through growth and double digit sales growth in all of our retail regions. The sales growth was led by our Americas region with topline improvement of 54% compared to the prior year.
Our very strong performance in the Americas was the key factor in exceeding our Q4 outlook and it reflects better than expected consumer demand for our products leading to double digit year-over-year sell through growth in the region.
Let me add that I was also pleased to see a return to growth in our OEM business after a number of challenging quarters. I was happy to see strong double digit growth across all of our retail product categories in the quarter. Once again Remotes was our fastest growing retail product category. After posting a 45% sales increase in Q3, growth accelerated to 58% in Q4 resulting in significant market share gains in the category.
It was a strong quarter for Pointing Devices as well led by strong consumer demand for our family of cordless mice.
Q4 also marked our first full quarter including Lifesize in our results. The integration has been a smooth one and is now largely behind us. I'm extremely pleased with the reception from Lifesize's customers for our video communication offerings. A couple of indicators of the strong response we're seeing of that LifeSize achieved records for both billings and unit shipments during Q4. Clearly gross margin was a major highlight during the quarter. At 35.8% we delivered one of our highest gross margins ever and the best Q4 gross margin in our history. This very strong gross margin performance was the primary driver of our better than expected profitability in the quarter.
Now as pleased as I am with our strong finish to the year, I'm glad to put fiscal 2010 behind us so that we can shift our focus back to driving double digit growth in fiscal 2011. I will return in a few minutes to talk more about our outlook for the New Year.
Now let me turn the call over to Erik, who will provide more of the financial details.
Erik Bardman
Thanks Jerry. I'll start with an overview of our Q4 sales performance. Please note that the growth percentages that follow are in comparison to Q4 fiscal 2009. Retail sales grew by 27% with units up 26%. Our overall retail average selling price in Q4 has essentially unchanged from the prior year. Looking at our regional sales in local currency, EMEA was up by 9% and Asia by 8%, compared to US dollar growth of 15% in EMEA and 10% in Asia.
Units were up by 33% in the Americas, by 22% in EMEA and by 26% in Asia Pacific. Retail sales mix by price band was stable both year-over-year and sequentially. Sales of our products priced above $100 represented 16% of our retail sales in Q4, essentially unchanged versus both the prior year and Q3. Looking at our sales at products at ASPs bellow $60 their share with the total was 68%, also basically the same as the prior year in Q3. As Gerry mentioned the remote category was our best performing product family in the quarter with sales up 58% and units growing by 22%.
Majority of the sales growth is generated in Americas with sales nearly tripling. Growth is led by the Harmony One with notable contributions from both the Harmony 900 and the Harmony 700. It was a strong quarter in the pointing device category, with sales and units up by 32%. The growth was achieved in all regions and was driven by our cordless mice with sales up by 46% in total. We achieved sales growth across all major cordless mice price bands.
Sales in the high end were up by nearly 50% due to the continued strength of our two offering featuring Darkfield Laser Tracking for use on virtually any surface. Our sales in the low end nearly doubled reflecting in sales of our attractively priced wireless mice for notebooks such as the N305. Our sales in the video category were up by 21% with growth restrained by the ongoing product transition in our digital video security family as we make way for the next generation offerings coming later this year.
Sales in our webcam business were up by 26%, with the units growing by 24%. We delivered double digit video sales growth in all three of our regions. Shifting now to OEMs, we delivered growth for the first time in six quarters with sales up by 1%. It was a relatively strong quarter for our OEM mice with sales up by 10% and units by 13%.
Now let me comment on LifeSize. In Q4, LifeSize achieved record high for quarterly billing, which is the value of the customer invoices they generated. In fact billings were more than 20% higher than LifeSize's Q4 sales of $21 million. While billings and revenues typically aren't equal due to timing differences related to revenue recognition the dealt this quarter with significantly impacted by purchase price accounting. We mentioned during last quarter's call which is roughly $5 million in LifeSize preferred revenue that was excluded from our Q4 sales because we weren't able to recognize it under US accounting rules. This is a onetime issue that won't impact us during fiscal 2011.
Let me now shift to growth margin. Our Q4 gross margin improved by nearly 1100 basis points compared to the prior year by 190 basis points sequentially. The year-over-year increase in our gross margin was primarily due to the combination of the weaker US dollar compared to the prior year, operational efficiencies across our supply chain including lower product costs as well as the benefits from faster inventory turns and faster inventory in the channel and favorable product mixtures.
We achieved strong year-over-year growth margin gains in all retail product categories with the biggest improvements in remotes and audio. The sequential improvement was achieved despite a weaker Euro and was also primarily driven by operational efficiencies across on supply chain and favorable product mixtures. LifeSize did contribute to our growth margin improvement but it was not material due to onetime purchase accounting entries related to inventory. We expect LifeSize will have a positive impact on the year-over-year change in our gross margin in each quarter of fiscal 2011.
Turning now to operating expenses. Our operating expenses were up by 11%, given the $21 million restructuring charge in Q4 of fiscal 2009 as well as the inclusion of LifeSize in Q4 fiscal 2010. The year-over-year growth isn't particularly meaningful. When we exclude the restructuring charge from the prior year, our expenses grew by 29%, over half of this growth came from LifeSize which is not included in the prior year results. Excluding both LifeSize and the restructuring charges our expenses grew in the low teens in Q4. This growth reflects an operating environment that has improved significantly over the last 12 months.
With the worst behind us and economic conditions improving in each of our retail regions, we are once again prioritizing driving topline growth. During Q4 we began to invest in number of areas and activities to ensure we're positioned to drive profitable, double-digit growth in the quarters to come. Let's move to the balance sheet starting with cash. Our quarter ending cash position was $320 million. Our cash increased by $39 million compared to the December quarter and down $173 million versus the prior year. When looking at the decline in our cash compared to the prior year, it's important to note that we use $382 million for the acquisition of LifeSize in December 2009, and another $126 million for share repurchases during the last 12 months.
Our cash flow from operations for the full fiscal 2010 is $365 million, up by $165 million or 82% compared to the prior year. Cash flow from operations for Q4 was $66 million, an increase of $40million or 157% compared to the same quarter last year. Primary driver of the year-over-year improvement was the $60 million improvement in our net income compared to the prior year.
Our cash conversion cycle in Q4 was just 23 days, 46 days better than the same quarter last year due to significantly lower DSO, with faster inventory turns this year, and up five days sequentially compared to the record low set in December quarter. Our inventory decreased by $14 million or 6% compared to the prior year, and it was down by $15 million compared to the December quarter. Inventory turns were 6.1 up from 5.2 in the prior year. This improvement primarily reflects the completion of our channel partner's weeks of supply resale which has allowed us to more closely align selling and sell through across all retail regions.
Our DSO reached a record low of 33 days for the quarter, down by 14 days compared to the prior year. There were several factors driving the year-over-year improvement including excellent execution by our cash collection teams, increased order and shipments linearity due to improved visibility in the channel and the benefits of having the channel reset complete across all of our retail regions.
During Q4, we repurchased 1.6 million shares for $25 million completing our existing $250 million program. We own approximately 8.6% of our shares outstanding. We entered the new fiscal year of another $250 million Board approved program that we've yet to utilize. That concludes my comments. Now let me turn the call back to Gerry.
Jerry Quindlen
Thanks Erik. I want to comment now on our outlook going forward. When you go with time, our top priority was positioning the company to emerge stronger from the severe economic downturn.
Despite the many challenges we faced during the year, I believe we accomplished what we set out to do. I am pleased to say that our focus in fiscal 2011 is on returning to strong top line and profitability growth by executing our long-term strategy.
As we shared at our Investor Day in November of last year, our strategic priorities are based on four tenets of growth. One, focus on the four screens; two, ride the video wave; three, China; and four, leverage open ecosystems. I will address several of these today and we will keep you updated on our progress on each of these tenets at various points during the year.
Let me start by talking about the PC, living room and meeting room screens. PC screen is clearly the foundation for the majority of our sales. Install base is huge and it continues to grow, providing us with attractive growth opportunities in categories such as mice, keyboard, PC speakers, PC headsets and webcams. The PC world is clearly evolving from desktops towards more mobile form factors, primarily notebooks and net books today and perhaps at some future point tablets.
As you would expect, we are evolving our product portfolio accordingly. In fact, our fiscal 2011 product roadmap will be the most notebook and network centric ever. One of the keys to becoming more notebook centric is changing the way we market our products to the consumer and especially our mice and keyboards.
In a desktop-centric world, our marketing messages were primarily targeted at motivating the consumer to upgrade. For example, from the corded mouse that came with their computer to a cordless mouse. In today's notebook-centric world, most computers don't with a mouse or any other peripherals. To reach these consumers, our product development and our marketing is increasingly focused on providing them with a compelling value proposition to attach external peripherals to their mobile PCs.
Our strong cordless mice sales in the last two quarters is a positive indication that the attach strategy is bearing fruit. We believe we can continue to provide compelling reasons for attachments through differentiator such as unique colors, patterns, and most importantly by solving pain point through new functionality and category leading of innovation such as the unifying technology we introduced last year.
The tiny unifying receiver which can be paired with multiple unifying compatible mice and keyboards is small enough to be left in the laptop wherever you go. We will significantly increase the number of unifying compatible products this year, allowing consumers to freedom to mix and match the mice and keyboards of their choice wherever they are, while providing us with an attractive cross-selling opportunity with our growing install base.
Shifting now to the living room screen, we are riding very strong momentum with our Harmony remotes with sales growth of 50% in the second half of fiscal 2010 compared to the prior year. Just last month, we introduced three new Harmony remotes all priced below $100, including our lowest price remote, the Harmony 300 at just $49. We believe these new offerings have the potential to dramatically broaden the market that we reached with Harmony by appealing to an even wider range of consumers.
We believe the Harmony 300 is the ideal remote for the mass market. It not only delivers on the promise of one attractively priced remote to control your home entertainment system, it also features our simplest and fastest setup process ever. In fact, we developed a new web based setup exclusively for the Harmony 300.
We are very excited about the potential for what is our broadest and most compelling remotes product line up ever. To fully leveraged the remotes growth opportunity, especially in the below $100 segment, our Harmony marketing strategy emphasizes demand generation activities, such as informative point of sale displays and regional advertising that clearly communicate the compelling value proposition as one of our top priorities for the year.
The bottom line is we expect that this combination of a great product lineup, backed by well targeted marketing messages will result in Harmony being our fastest growing retail product family in fiscal 2011. In addition to the strong growth potential in the remotes category, we also see opportunities for incremental growth from new peripherals in the living room.
As the traditional TV mouse into the connected TV, many new opportunities for accessing and interfacing with content will be created. And that means huge opportunities for Logitech to what we already know how to do well, but in an even larger ecosystem, the connected living room. That's all I will say for now, but expect to hear more from us on this subject in the not too distant future.
Moving now to the meeting room screen and LifeSize, as a reminder, we acquired LifeSize, because it represents a key building block in our strategy to ride the video wave and to enable video communication everywhere. I firmly believe that LifeSize will allow us to drive significant growth in video communication for the rapidly growing enterprise and SMB markets. By leveraging the two companies, many technology synergies, including camera design, firewall reversal, video compression technology, and bandwidth management.
Having now worked closely with the LifeSize team over the last several months and having recently participated in a thorough review of their product roadmaps, I am more excited than ever about the substantial long-term growth potential of this business.
Earlier this week, we announced the LifeSize video center. This unique solution which provides one touch HD streaming, recording, and auto publishing capabilities delivers on that promise to make video communication easy and accessible to anyone anywhere. A LifeSize video center enables organizations to streamline and automatically published hundreds of HD videos simultaneously. Equally compelling is a pricing model that demonstrates the disruptive price performance that LifeSize is known for and that we plan to push even further in the future.
We believe that our emphasis on delivering HD quality video experience at disruptive price points with endpoints dropping below the $2000 price point and eventually even below with $1000 has the potential to expand the size of the videoconferencing market opportunity particularly in the SMB space, well beyond existing third-party projections.
As you would expect, investing to delivering on LifeSize's growth potential is one of our top priorities. That said, we continue to expect LifeSize will have a neutral impact on our operating result in FY '11, excluding amortization charges. We also expect that LifeSize will begin making a positive contribution to our operating income starting in Q4 of this fiscal year.
Let me now shift away from the screens and talk about our strategic growth tenet of riding the video wave. Making video communication accessible to anyone anywhere extends beyond the enterprise and into the home as well. As the leaders in PC webcams, we are well positioned to continue playing a leadership role with video communications both around the PC and in the living room.
We plan to further strengthen the competitiveness of our webcam offerings by bringing HD to the entire lineup in the coming months. We believe the combination of high-quality images, attractive design and Logitech Vid are easy-to-use video calling application included with all of our webcams will result in strong growth for us in the webcam category this year.
In addition, while I can't go into the details just yet, I am very excited to note that we will also bring video calling to the living room in time for the 2010 holiday selling season. There is even more to come in video. This summer, we plan to refresh our entire line of digital video security cameras. This will be the first refresh of this unique product portfolio, since we acquired WiLife several years ago and we are optimistic about the growth potential in this emerging category.
The last growth tenet that I will discuss today is China. We already have a strong presence in China in the Tier 1 and Tier 2 cities and our sales in China make it one of the three largest markets in our Asia-Pacific region. But our goal which will take several years to achieve is to grow our sales in China, so that it becomes one of our three largest markets worldwide.
We plan to achieve this goal through a combination of expanding our distribution coverage beyond the Tier 1 and Tier 2 cities, investing in marketing to raise consumer awareness and generate demand at the point of sale and designing products specifically for the China market.
I want to emphasize that while we do plan to invest more in China this year, we expect to fund these investments by re-prioritizing our spending across the company in treating China as one our top priority. We expect to build momentum as we move through the fiscal year and we will provide progress updates from time to time as appropriate.
That brings me to our financial outlook. We entered the new fiscal year with an improving economic outlook, a strong balance sheet, and accelerating sales momentum in all of our sales regions. One of the key factors in our retail sales momentum is the alignment between our sales end and sell through that was enabled by the completion of the reset of our channel partners' inventory.
We are well positioned for growth across our product portfolio and we are back to modest growth in OEM, and we are looking forward to a full year of strong top line contribution from LifeSize.
For Q1, we are targeting sales of between $450 million and $465 million. We expect our gross margin to be around 34%, and we anticipate operating income of roughly $5 million. For fiscal 2011, we are targeting sales of around $2.3 billion. We expect our gross margin to be around 34% and that our operating income will roughly double compared to the prior year.
We target our full-year tax rate at approximately 18%. I want to set expectations on the outlook information we planned to share during the remainder of the year. As many of you may recall, prior to the recession, we only provided annual targets. We moved to providing quarterly targets during the downturn, because of the poor full-year visibility.
Given the improving environment, we are now shifting back to provide annual targets. While we did provide both the Q1 and full fiscal year outlook today, we are treating as a transition quarter. We do not plan to provide quarterly targets beyond Q1 this fiscal year, but we will share updates on our full-year outlook as we move through the remainder of the year as we have done in the past.
I want to wrap up by emphasizing how product I am of our global organization's performance during one of the more challenging years in our history. The year got off to a rough start, so we kept our focus, executed our plans and demonstrated very strong momentum as we exited the year. The economic storm appears to be passing and I believe we have delivered on our goal to emerge from it a stronger company.
Our focus now is on returning to strong growth in our core business, while simultaneously developing several new exciting growth platforms for the future, including LifeSize and others that we will share with you in the months and quarters to come. The growth opportunities before us are more compelling than ever and I look forward to updating you on our progress during fiscal 2011.
With that, we are now available to take your questions. Please follow the instructions of the operator.
Question-and-Answer Session
Thank you. (Operator Instructions). Your first question comes from the line of Ashish Sinha with Morgan Stanley. Please proceed.
Ashish Sinha – Morgan Stanley
Hi, just a couple of very quick questions. On your guidance, for the first quarter, your guidance of $6 million EBIT, just wanted to confirm whether it includes or excludes the BPA amortization from LifeSize? And similarly on your full-year guidance of operating income doubling year-on-year, is that based on fiscal 2010 operating income pre-amortization and one-offs or is it on reported operating income of $78 million?
Jerry Quindlen
Erik Bardman
Hi Eric. Sorry, good ahead Jerry.
Jerry Quindlen
No, I was going to say go ahead and take the question.
Erik Bardman
Okay. So just one thing I want to clarify, our guidance for Q1 is actually approximately $5 million of our operating income. And I think your question there was whether or not it included amortization of intangibles and it does. That's full company picture for us.
I think the other part of your question was for full-year guidance. And again it is off of our reported financial base for FY '10.
Ashish Sinha – Morgan Stanley
Thank you. Can you also talk a little bit about your product plans for the rise of iPad or tablets? I mean where do you see the opportunity? You briefly touched upon it on your – in your comments earlier. But where exactly do you see the opportunities that mice, is it things like keyboards or docking stations or things like that? A little help here would be greatly appreciated.
Jerry Quindlen
Sure. So I will take that one. We are looking at not just the iPad, but we are looking at the emerging tablet category. The same way – as people are asking us this question about net books in the last year or two years, how do you view it? We see the emerging table category as an opportunity. The thing that we are most interested in right is to understand how consumers use tablets versus net books, they are using them for different applications or is it an additional computer, and what are the pain points with tablets that as slick as they are, there is always some things that they don't provide.
We said a year ago that we really thought there was going to be a huge opportunity with net books for example to attach mice and headsets. If you look at our cordless mice sales for the last two quarters, when net books have been very strong, and we had our best quarter ever for cordless mice in Q3, and we had another very strong quarter in Q4 with the sales up 46%. So I don't know it will be mice for tablet type computers, it might be something else.
We are – it's obviously very, very new. And as a percentage of all PC sold in our form factors, it's very, very small. But as I think, the awareness grows, it will grow as a percent of the total and we will look at it as an opportunity and see where the pain points are for us to solve some consumer problems and add peripherals.
So we are taking a wait-and-see attitude. This is the way I characterize it.
Ashish Sinha – Morgan Stanley
Thank you.
Jerry Quindlen
You're welcome.
Your next question comes from the line of Yair Reiner with Oppenheimer & Co. Please proceed.
Yair Reiner – Oppenheimer & Co.
Yes, thank you. There seems to have been substantial delta this quarter between sell in into the channel and sell through. Can you talk about, A, what the channel inventories look like today, would you characterize them as kind of normal, above normal, below normal still? And B, where was most of that delta if it was concentrated in a particular product line?
Jerry Quindlen
Eric, if you want to take that.
Erik Bardman
Yes. So Yair, I think the first part of your question when you are talking about channel inventory, we don't disclose specific inventory levels. But I can give you the sense that, on a sequential basis, our channel at the overall company level is down and our channel in each of our three retail regions is down well. We feel really well positioned with what we have got in the channel. And I would say that we feel very good about the – I would say the freshness of the inventory in the channel. We think we have got the right products in there and we are positioned well as we sell through growth.
I think the other part of your question and if you are looking specifically at the delta between our sell-in numbers in Q4 and our sell through numbers for Q4, I think to set the context a little bit, if you look back to Q4 of '09, it started in Q4 '09 and it actually was even bigger in Q1 of '10 and Q2 of '10.
You started to see our channel partners were going through the process of resetting their weeks of supply and inventory that impacted within our categories and our products. And so when you look at that on a year-over-year basis, so for example, the 54% growth you see in AMR in this quarter is of a very, very small and a very what I would say odd base from the previous year. And so one other things we fully anticipate not just for Q4, but for the next couple of quarters is, is that our sell-in numbers are going to be higher than our sell through numbers, but it's really because of those very odd comparables from the year-ago period.
I think when we think about health of the channel and you asked about that a little bit and sort of our prospects, we are very, very focused on and you will hear us talk about. As you will hear us talk about alignment of sell-in and sell through. And what we mean by that is within the quarter, we are very focused on the dollar volume of items that we are selling in and the dollar volume of items that we are selling out and/or selling through. And so we feel very good that we have got good balance. And when you hear us talk about alignment, we are really focused on that that the year-over-year growth rates, when you try to compare them is not a good comparable especially for the next couple of quarters.
Yair Reiner – Oppenheimer & Co.
That's great. So, in other words, if we would look at these numbers QonQ in terms of sell-in versus sell through that probably will look much closer beyond your comparisons.
Erik Bardman
Yes and I think that's probably without having all the details right here. I think that's a pretty good proxy in terms of as we go over the next couple of quarters in terms of how to think about that.
Yair Reiner – Oppenheimer & Co.
Great. And then just one more from me. You are guiding gross margin a little bit down for next quarter. Can you talk about some of the puts and takes that are going into that forecast?
Erik Bardman
Jerry Quindlen
I will take that one. So if you look at the – we are very happy. Let me start by saying I am incredibly happy with the gross margin improvement throughout FY10 and obviously ending the year with a record gross margin in Q4, we are very pleased about that.
If you look at the 34% we are guiding to for Q1, if we deliver that, that essentially equals our record gross margin for Q1, so we are pretty bullish about it. And so obviously very optimistic that we can continue to see strong reception from consumers to our products. The channel is in very good shape as Eric just said for the first part of your question. So there is nothing in particular that we are suggesting. But we are clearly very bullish about being able to maintain our gross margin and the 34% it's at the high end of our long-term range.
So that's how I would answer that.
Yair Reiner – Oppenheimer & Co.
Thank you.
Jerry Quindlen
You're welcome.
Your next question comes from the line of Jonathan Tseng with Merrill Lynch. Please proceed.
Jonathan Tseng – Merrill Lynch
Hi guys, it's Jonny Tseng from Merrill's here. I have got three questions, just taking one by one. The first one, I am trying to understand what the model looks like coming out of the downturn and if it's changed. Now in '07 you did $2.1 billion in the revenues and $230 million of EBIT, '08 you did $2.4 billion in revenues and $290 million of EBIT, now you are looking to do $2.3 billion in revenues and about a $180 million of EBIT if you strip out the amortization of LifeSize. Now LifeSize hasn't impact that. But looks to me your fixed OpEx base excluding (inaudible) is significantly higher run rate than it has been in the past. Have anything changed with that with that all soft dollar in the OpEx is the only productivity any different. Can you reconcile why that OpEx seems to be so much higher than it is in the past in your guidance?
Jerry Quindlen
Yes, so, Jonny I will comment on that. I think if you look at – you have to sort of go back to a year-ago and when we were going into the downturn and it was apparent that we were facing several quarters of revenue decline and I am pleased – as pleased as I am with the 29% double-digit sales growth in Q4, it's the first quarter and six (ph) where we grew.
But going into the downturn a year-ago, we were facing several quarters of potential revenue decline. We adjusted our cost structure based on that and we were also looking at a gross margin substantially below long-term range. And as a result, obviously our operating margins got squeezed deeply and we are well below our long-term targets of 12 plus.
Getting back to the long-term operating margin targets which is really at the heart of your question is really a multi-step process. The first step we already took was a well over a year-ago is adjusting the cost structure. We said very clearly the second step was getting the gross margin back in the long-term range and the key to that was resetting channel, we did that. Clearly, we got the gross margin back in the long-term range and then (inaudible) if you look at the Q4 gross margin.
The next step we have been clear about is getting the top line going again and as pleased as I am about the Q4 top line for the first quarter and six (ph) where we have grown. And now, step four is all about rebuilding that operating leverage and it's going to take some time. I expect that throughout FY '11 we will scale OpEx and control the rate of growth of OpEx to well below where the revenues at – when the revenue growth is at, so that we rebuild towards our long-term targets. We are projecting up almost 300 basis point improvement in operating margins, but it is going to take some time to get there.
And as I said, this is the first quarter. We are just getting started. But as we said about gross margins when we said we get back to the long-term range, we stated that with resolve and confidence and we delivered it, and I am just as confident and just as committed, we will get back to our operating margin targets, but it is going to take a little while.
Jonathan Tseng – Merrill Lynch
Thanks, that's very useful. My second question, on the tax rate, 18% is above your historic on the 13%, 14% level and just to understand why that's changing? Has it I guess has to do with the US, I suppose the European mix? What are the drivers that change? And I guess it's like the mix changes in 2012 and 2013 as the year recovers, does that tax rate come back down again?
Erik Bardman
Yes, and let me comment a little bit on that. I think to give you a little bit of a context, for FY10, our effective tax rate came in at 22% and our guidance for FY11 is a tax rate of approximately 18%. That's a 400 basis point improvement and we feel good about that. I think the other part of your question I think and what you are really asking about is structurally long-term, there is nothing that's changed in our business model that keeps us from being in a position where we can continue to get improvements on our tax rate. We are going to continue to work on that. And I would say that, yes, there will be a point in time where we will be able to get back to some of the levels you have seen from us in the past. Not in a position right now to be able to say exactly when, but feel very good about the 400 basis point improvement year-over-year, and we are going to continue to work hard to bring that down as we go through FY11 and into FY12.
Jerry Quindlen
And Jonny, I will just add to that. Some of your kind of question on operating model and op margins, I mean that's (inaudible) in our thinking about tax rate. So we are – our long-term model targets have not changed this point on any of the parameters.
Jonathan Tseng – Merrill Lynch
That's great. And just one last question. I guess the growth rates in LifeSize now even with the $5 million exceptional and you are annualizing about a $100 million in revenues on LifeSize about 15%, 20% up year-over-year. You talked about bookings being above 20% ahead of the run rates. When you acquired LifeSize you told us about 40 to 60% growth. Has anything changed there, what's going on with, it's just more seasonality in LifeSize. Should we expect more revenues to be coming through in the holiday seasons in the back end of the year?
Jerry Quindlen
Nothing has changed in terms of my expectation of ramping towards those growth rates that we talked about. I'll point to a couple of things, the first thing is I was very pleased with the quarter that we had in LifeSize overall, Erik mentioned it but a record quarter in terms of both their billings and shipments. Importantly we pretty much finished up the integration, there is still a little bit work to do, pretty much finished up the integration in Q4 and so that which can be a distracting thing internally is behind us and they are 100% focused on driving that sales ramp and accelerating the rate of growth to sales. And I expect to see our sales growth just incrementally improve each quarter as we go through the year.
We're continuing to see fantastic reception to the Passport and Express products and let me remind you again what those are, because another new terminology but these are the products that are essentially priced below $7,000, the Passport is below $2,500. Customer reception to those products has been very good. And I generally just see excellent momentum with in LifeSize and another factor that's helpful is that we're seeing in general spending in the enterprise space, it's starting to pick up as the general economy picks up and I think that's going to help as well.
So nothing has changed in terms of my expectation for rapid acceleration at growth at LifeSize.
Jonathan Tseng – Merrill Lynch
Thanks so much guys.
Jerry Quindlen
Thanks Johnny.
Your next question comes from the line of Alexander Peterc with Exane BNP Paribas. Please proceed.
Alexander Peterc – Exane BNP Paribas
Thanks for taking my question. The first one would really be on against gross margins, it seems that historically Q1 is the week quarter for gross margins and so guiding for the full year in line with its first quarter its somewhat surprising, and also you do seem to tell that the exceptionally good gross margin in just reported quarter was down to efficiency gain and then to a lesser extent also to currency, so I mean another currency has got to some extent but what makes you so cautious for the remainder then?
Jerry Quindlen
Well thanks for your questions Alexander and I'm glad to have to have the opportunity to comment on it. First of all, I mean I'll repeat I think this is in response to Johnny's question but again if you look at the Q1 gross margin, if we deliver a 34 that equals the record for a Q1, so I definitely don't think we're being timid in guiding to that. However if you look at the full year gross margin 34%, it will give you sense of how Erik and I are thinking about it.
As I sit here today, I think there could be upside to that, there are several things that make me optimistic, one is very healthy state of the channel is only a good thing. We have a great line up of new products coming and I think the channel is in such good shape that they're going to be very, very anxious to bring those in as soon as they're available, as LifeSize grows with its high gross margins that will have accretive impacts on gross margins. So all those things make me very optimistic, but as I sit here today there is also some things that are on the horizon that are known.
One of them honestly is concerns I have about some commodity cost headwinds particularly copper, which has a very big impact on our audio gross margin and oil which obviously affects our supply chain cost on every product category. There has obviously been a lot of talk about where the RMB is going to go and I'm in Europe right now and of course there is a lot of them economic uncertainties still here and that's our biggest region. And I'm not sure how all that's going to play out. So my optimistic to I think I would say yes.
We comfortable baking of that in right now, no I don't see any point to do that, I look forward to sharing the progress as we go through the year, if we see that things are panning out better and some of these concerns that we have, don't materialize, I think you can expect that we'll take it up.
Alexander Peterc – Exane BNP Paribas
Thanks very much, it was very (inaudible) and helpful. Just a quick follow-up on LifeSize and in July that you could be looking at expanding into the living room as well so turn assets more of a B2C versus B2B products?
Jerry Quindlen
You shouldn't think of that as LifeSize. What we're seeing is that's not going to be so much of a LifeSize initiative, that's a Logitech initiative that will happen, you'll see that prior to the holiday selling season. What's important about that in my mind is you're starting to see some of the things we've talked about with such excitement about bringing video calling everywhere, making video calling as ubiquitous and as routine and as common as audio calling and we believe that means if people should be able to do a video call obviously PC-to-PC which is available today from a meeting room in your living room, on the go, and so that's a key piece that will be enabled this year and I think it's very exciting and that's not LifeSize, its more Logitech but we're working very closely together to enable that and you'll hear more about that.
Alexander Peterc – Exane BNP Paribas
Thanks very much.
Jerry Quindlen
Thank you Alexander.
Your next question comes from the line of Simon Schafer with Goldman Sachs. Please proceed.
Simon Schafer – Goldman Sachs
Thanks so much. Just got a follow-on question on the LifeSize discussion, given Gerry that the growth expectation are unchanged for this business, clearly that's going an importance, its outgrowing the rest of the mix. Is it fair to assume that that is gross margin accretive to the tune of a 100 basis points?
Jerry Quindlen
I didn't do the math and I haven't done the math on getting to 100 basis points. I think that I'll make a statement more about the long term Simon, I mean I definitely believe that over the long term LifeSize will gross margin accretive. So I am thinking about that way for the long term for sure. Go ahead Erik.
Erik Bardman
Sorry I had – Simon as well, yes I think from a rough basis, a 100 basis point in a full year is probably a decent proxy for you to use. I think and Gerry talked about it, the other thing that we feel very good about LifeSize is we expect as we go through FY11, that business will continue to grow, it's going to get more profitable as we go through the year and we would anticipate right now even that when we get to Q4 of FY11 that the contribution from LifeSize is actually even going to be greater than the quarterly amortization charges which we've been talking to about.
So with LifeSize you think about, is think about a business that is growing very, very quickly of a small basis about 5% of our sales or so today and very important for us going forward.
Simon Schafer – Goldman Sachs
Because the amortization charges roughly still $7 million per annum, is that right?
Jerry Quindlen
No, actually to correct that, is it's in the range of around $18 million on a full year basis.
Simon Schafer – Goldman Sachs
Got it, okay. So even excluding that and I know you've been asked this before I'm not sure I entirely understood the response, even adjusting for that, it does seem as if perhaps the operational gearing that we are used to it, your company isn't coming quite at the same pace that we would have expected with what is clearly an exciting growth prospect on the topline. I'm not sure I understood your response on that previous question.
Jerry Quindlen
Is that my response to that question?
Simon Schafer – Goldman Sachs
Jerry Quindlen
Okay, yes I'm not sure specifically what you're referring to I mean you mean how we're ramping up LifeSize Simon?
Simon Schafer – Goldman Sachs
Not specifically, I think Johnny's question was referring to the observation that perhaps even when you adjust for the $18 million in intangibles that are now part of your operating expense run rate perhaps we're not quite seeing the operational gearing, our overall operating expenses at the end of the day are growing almost inline or commensurately with your revenue run rate, you're suggesting as part of your guidance and I wonder why that would be the case. Normally we would see a significantly more operational gearing as growth in the business model comes back.
Jerry Quindlen
Okay, now I understand what we got, okay. So look, I'll go back we're not trying to repeat everything I said to Johnny. I think you have to go back and look at we had a pre-dramatic reset in the business model, we cut our costs dramatically but there is a point where we said, we're not going to cut deeper and I'm talking about the actions we took on both operating expense and cost of goods. There was a point where we said, we're not going to cut more deeply because now we're cutting into the various things that will enable future growth R&D etcetera, and our revenues fell far faster than the rate of decline of our expense structure. And so we did a rapid deleveraging of the P&L when our operating margins were tightly squeezed and that's why my answer was its going to take some time for us to build back to the long term op margin targets.
We've put the pieces in place, getting back to revenue growth in Q4 was key and now we're very committed to steadily rebuilding operating leverage starting in FY11.
Erik Bardman
And actually let me add one thing to that as well Simon. When you look at our full year guidance for FY11, it implies approximately about a 14% year-over-year growth in operating expenses.
Simon Schafer – Goldman Sachs
Erik Bardman
About half of that expense comes from LifeSize and so that means it's the remainder of the business, when you exclude LifeSize from an equation is growing in the high single digits, okay? And we've got revenue growth that's implied at about 17% when you look at our guidance. So we feel very good to Gerry's point that we've got the right amount of gearing, it's going to take us some time to get back to those long term ranges, but we don't see anything that's structurally keeps us from getting there and we're going to make a lot of progress this year.
Simon Schafer – Goldman Sachs
Got it, that's much clear. Thank you and my follow-up question would just be on you referred to little bit there is sort of couple of moving parts on your components sourcing cost, one is clearly some changes in the dollar Euro exchange rate which have been pronounced and the second one is to some of these input price translation issues specifically on the copper side. I was wondering what sort of FX or guess what sort of input price inflation have you guys considered when you put your gross margin guidance out there, is that too complicated?
Erik Bardman
Yes, actually it does get quite complicated and don't have the time to talk about it now, but I would say is that from this standpoint we don't disclose our specific assumption we make on FX, however what I would say is that when we set our targets we take into account current spot rate to that point in time. I think the biggest thing when you think about risk, I think which is the underlying part of your question, for us as is for would be for any company, when you've got really short term and a very near term volatility in FX, there is very little you can do to respond to that. However over the medium term and a longer term, if we were to see which some people believe may happen, we have to wait and see what actually plays out as if you see a structural shift in the dollar-euro exchange rates over the medium to longer term, we've proven over time that we've got a numerous levers within the business that we can pull.
It's related to how we price new products that come into the market, it's related to how we do operational things across the supply chain. So we are worried about what's going to happen. We're very, very focused on it, but we do think that over the medium to longer term, these are all things that we can manage well and make sure that we can continue to grow in the environment.
Simon Schafer – Goldman Sachs
Got it, great. Thank you.
Jerry Quindlen
Thank you.
Your next question comes from the line of Chris Gretler with Credit Suisse. Please proceed.
Christoph Gretler – Credit Suisse
Thank you. Two question, the first with respect to your gross margin and when you started the quarter you were guiding for around 34%, now you're coming substantially at, I was just wondering what is actually caused these deviation from your initial expectations and the second with respect giving your comment that you're over in Europe but just wondering about your exposure actually to the Southern European countries and whether you have taken any measures to basically reduce the risks that you were getting by any potential development there?
Jerry Quindlen
Yes, Chris I'll answer the second part now and then Erik you can speak to Chris's question about the gross margin performance in Q4. So the biggest concern I have with all of the volatility going on with Greece and Portugal and Spain etcetera is not so much of direct impact on our business in those countries but more what it does to just the overall psychology of European consumers and does it extend kind of, does it mute the return or the bounce back in consumer confidence and therefore people are little less willing to go out and spend it my biggest concern.
Now the fundamentals of our business in every region including Europe are all moving in the right direction. There isn't a place where isn't moving in the right direction, they're moving at different rates but the fundamentals all are pretty good, I worry about the impact something like this could have on psychology, I'm not particularly worried about our business in Greece. So that's the way I'm thinking about it. Erik, you want to take the other part?
Erik Bardman
Sure and Chris I think to your question about how did gross margin performed in Q4, there are couple of drivers for it, that were favorable. Overall improved favorable product mix which helped us as well as some operational efficiencies we're able to achieve across our supply chain. In the quarter though the sequentially we were hurt by FX in Q4. So to give you a sense no one of those factors was greater than 50%, they were all a different level, but to give you a little bit of sense of what's driving that.
Christoph Gretler – Credit Suisse
So you think that you are surprised now despite that now you had more headwinds on FOREX than you had initially expected, that's what you trying to tell me?
Erik Bardman
No I wouldn't say that, what I'm trying to say is that on a sequential basis to be really clear, is we were helped by our product mix, we were helped by things we're able to do on our standard cost and our input cost as well across our supply chain but we did have some negative FX headwinds within the quarter.
Christoph Gretler – Credit Suisse
Okay, and can I ask last question, I mean on components, do you face any component shortage now by any change?
Jerry Quindlen
I would say and Erik, you may want to try, there is nothing that I would think about Chris. Demand is picking up in general and we're watching very closely certain components that have longer lead times but I'm not aware of anything, we actually experienced something in Q3 around LifeSize, there was a component shortage but there has been nothing to my knowledge in Q4. Erik, anything you want to add to that.
Erik Bardman
No I would say is that and I think you actually heard I think we probably had the possibility to see some small shortages back in Q2 and Q3 because when the economy started to recover first here in the US and some other markets, there were some suppliers that were a little bit cautious about when they ramped up their production, but now across our supply chain we're not seeing anything that I would call significant or outside of normal operations.
Christoph Gretler – Credit Suisse
Yes, okay. Very good, thank you.
Jerry Quindlen
Thank you Chris.
Your next question comes from the line, your last question, I'm sorry comes from the line of Stephan (inaudible). Please proceed.
Unidentified Participant
Yes, hello my question has been answered.
This concludes our conference call for today. You may all now disconnect. Thank you and have a good day.
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Skip to comments.Wedding Ring Returned 70 Years After Nazi Arrest
Posted on 08/01/2012 1:38:27 PM PDT by nickcarraway
The daughter of a Norwegian resistance fighter has had her fathers wedding ring and pocket watch returned 70 years after the Gestapo arrested him and sent him to a concentration camp.
Resistance hero Gunnar Sønsteby dies aged 94 (10 May 12) Wartime leader 'hated' Sweden for Nazi help (04 Jun 12)
Erling Berg Pedersen was arrested by Hitlers secret police in August 1942 for working as an editor on a newspaper deemed illegal by the Nazi regime. In 1943 he was sent to the Natzweiler concentration camp in eastern France where all his valuables were confiscated.
While he survived the camp and returned to Norway in 1945, he never saw his treasured ring or watch again.
But recently a courier turned up at his daughter Marit Dunseths front door with a package containing the items plundered by the Nazis, newspaper Stavanger Aftenblad reports.
Im deeply moved and very grateful to the people who made these efforts on our behalf, she told the newspaper.
Dunseth learned how her fathers name had cropped up on a list of prisoners of war whose valuables had been recovered.
Since Nazi officials kept detailed records of their plunder, the list published on the website of the International Tracing Service (ITS) was able to show that the wedding band and watch had belonged to Dunseths dad. ITS stores the valuables but does not have sufficient resources to establish contact with the families of victims, the newspaper said.
A Dutch woman with ties to a World War II memorial centre in the town of Amersfoort found Pedersens name on the list and contacted Norwegian genealogists, who were able to track down his family.
The ring bore the inscription Your Haldis. 22.8.1938, a reference to his wifes name and the date they were engaged. The pocket watch is believed to have been an heirloom from his uncle, grandfather, or great-grandfather.
Erling Berg Pedersen died in 2008, aged 94.
Thanks for posting this. It's nice to see that the International Tracing Service is alive and doing good things for the victims of Nazi Germany.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.


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"Girl Rising," a full-length feature film hosted by Intel at Desert Vista High School in Ahwatukee Foothills opened students' eyes to the impact of educating girls in developing countries and reinforced their studies in the classroom.
Advanced Placement Human Geography students gathered in DV's auditorium on April 16 at 7 p.m. to watch a film that showed nine girls' stories and their dreams of becoming students.
"I had the opportunity to represent Intel in Kenya last May to teach technology to girls in Maasai Mara," said Mia J. Erickson, a senior administrative assistant at Intel. "I saw first-hand the profound impact education can have on girls."
Intel selected "Girls Education and Women's Empowerment" to address the tens of millions of girls around the world who have limited or no access to education, according to Renee E. Levin, community engagement manager at Intel Corporation.
Linda Rodish, AP human geography teacher at Desert Vista High School, teaches her students a gender empowerment section in her class as part of the school's curriculum.
"We did studies where we look at data sets and we look at what happens to a country when it educates more women," Rodish said. "In doing this, it really inspires students because they can see the advantages that they have living here, especially in Ahwatukee."
The film is part of Intel's global social action campaign that aims to raise awareness and action, and inspire people to join the campaign for girls' education.
"It reveals the extraordinary stories of girls who are tackling the reality of socio-economic roadblocks and sometimes impossible odds on the road to education," Levin said.
Rodish said that her students can make a difference in gender empowerment and girl's education just by making small steps and raising awareness in Ahwatukee.
"By actually going out and doing something, they can make a difference even at a small step if that's it," Rodish said.
In class, students are learning how gender empowerment helps a country become financially stable, productive and full of opportunities for girls.
"We've learned that when girls are more educated, they tend to have higher incomes and that's a level of development that shows how well off a country is," said Hannah Fuchs, a Desert Vista High School student.
This year, students have watched other films that raise awareness about the oppression of girls worldwide and the importance of providing education.
"We watched another movie called, 'Half the Sky,' which was in my opinion more depressing, but 'Girl Rising' was much more uplifting and inspiring," Fuchs said.
Intel wants local students to recognize their responsibility to raise awareness about educating girls and to recognize their advantages as students.
"I'd love to see our students become more 'socially aware' and begin utilizing social media and technology to 'Ignite a Movement' around the issue," Erickson said.
• Angela Crusco is a junior at the Walter Cronkite School of Journalism and Mass Communication at Arizona State University. She is interning this semester for the AFN.


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Housekeeper in Souderton
Kayla Stewart 1001 Sterigere St. , Building #15 , Norristown , PA , 1940610-275-... Objective : To obtain a part time or full time job. Educational Qualifications 2008 2009 , went to Indian Crest Junior High School , for Math and Science , which are my 2 best and favorite subjects. Succeed after school classes of Art and Culinary Arts. After being accomplished , I prefer them to be my main hobbies. 2009 2010 , went to Souderton Area High School , attended to my main courses. Personal Qualifications Languages English Software Internet Explorer and Microsoft Office Computer hardware good computer skills Leadership Experience Always been class leader. Example , participate for the class (projects , reports , etc.) Skills Math Science Art Culinary Art Sports Personal Experience Household Cleaning Daily Household Chores Cooking Outdoor Design Laundry Teamplayer Hardworker Good Learning Skills Good Teaching Skills Communication Skills References available upon request
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It's no secret that the gay porn industry is fighting harder and harder against piracy and illegal sharing of their movies, pictures, scenes etc... Things have been tough for many studios, and most people you talk to say things are only going to get worse.
It might be a pessimistic view, but recently when former porn stud Aden Jaric tweeted that he doesn't pay for gay porn, it kinda tells you things are not that great for gay porn companies. Aden's tweet caused a bit of a scandal, and Samuel Colt tweeted back telling Aden that if he wanted a password to a paid gay site then he should dish out the money and pay for it! Aden responded that since he had left the performing side of the business that he "didn't have to worry about that anymore."
I get that Aden doesn't wanna pay for gay porn, but my question is why tweet about it? I mean, you could at least try and be discreet and not cause even more damage an already battered industry. Even if Jaric no longer does porn, the idea that even a "retired" porn star doesn't want to pay for gay porn sends out the wrong kind of message to everyone. Hopefully Aden will somehow clarify this and take responsibility for his words, 'cos what he tweeted ain't helping him or the gay porn industry whatsoever!
Source: GayPornFanatic


text:
Judy's site
Expand Messages
- I wanted to chime in and respond to Judy's previous post. First, I wanted to recognize the time and effort Judy put into her section of the website. Her pages were very valuable to educators around the world. I'm trying to convince Judy to put her pages up on another site for archive purposes. Perhaps if enough of you encourage her, she will do so. She has been offered free space on a server to do this.
As Judy said, the Incredible Art Department will continue to exist. A massive overhaul of the site is under way. So much of the site has been in disrepair and has outdated information. The redesign of the website should be complete within a week.
Now on to Judy's comment about Google ads. I am taking a step of faith by working many more hours on IAD. This means that I will have to support myself and family while I am doing this venture. If there is enough income from the website I will be able to work on it full time and add many new features and resources. The website will always remain free to anyone and you will never be charged for it. Although the ads may be irritating to some, they are kept at a minimum and encourage me to continue my work on IAD. Ads enable sites such as Artsonia to exist.
As far as lesson plans submitted to IAD, the policy is the same as for Artsonia and most other art sites that accept lessons or other files. More information can be found on http://tinyurl.com/yl2kpd2 and http://tinyurl.com/yjvusta and the list group home page.
If you have any questions, please e-mail me off list at kenroar@....
Ken Rohrer
List owner and moderator
The Incredible Art Department
Your message has been successfully submitted and would be delivered to recipients shortly.


text:
WOW! There's a new printable coupon for $1 off ANY gallon of milk, courtesy of the National Fluid Milk Processor Promotion Board. I was only able to grab one print of this coupon. I do not see any states excluded either. This coupon is a Hopster coupon, so it should be legit. This is nuts!
$1/1 ANY Gallon of White Milk printable manufacturer's coupon
We don't buy cow's milk very frequently, but we will once in a while. I'm glad that this coupon prints with a nice expiration date of 9/26/16, so I have a month to use it 🙂
While I have your attention…
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text:
Andrey Gorodissky & Partners (AGP) is now member of the Association of European Businesses (AEB)
AGP joined the Association of European Businesses in the Russian Federation (AEB). AGP partners are members of relevant committees such as Legal, Intellectual Property, Tax, and Labor & Migration.
AEB was formed under the aegis Delegation of the European Union to Russia in 1995. It represents and promotes interests of European business in Russia and contributes to the development of economic partnership between Russia and EU countries and to creating a more business-friendly climate in Russia. As per today, over 600 European companies and banks are AEB members.
AEB membership opens opportunities for AGP to be in dialogue with top managers of major international companies and representatives of government authorities, to take part in determining agenda for AEB committees and to propose solutions to solve legal issues faced by businesses.


text:
|Message view
|« Date » · « Thread »
|« Date » · « Thread »
|"Jim Newsham" <jnews...@referentia.com>
|RE: embedded derby -- does it leak
|Wed, 15 Feb 2006 20:34:57 GMT
Mike, Thanks for the clarification. We are in agreement. > The key is to identify the reported bugs and consider the following > metrics: > > 1) The severity of the bug. (Factor in the frequency and conditions that > caused the bug to pop up) > > 2) Time from Bug reporting to when it was confirmed/reproduced and what > was > the suggested fix/work around. > > 3) Time to patch release or next "dot" version release. > > These should be more critical in your decision making than just having a > memory leak reported. Agreed. This is why I decided to dig further by contacting the mailing list, rather than simply walking away after having identified a few bugs in JIRA (which may have been my colleague's approach). I haven't been able to talk to him as he's been out of the office, but I'm hoping to get some more details and perhaps source code from him. Either way, I'll need to do some further testing. Thanks, Jim Newsham
|View raw message


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text:
The whoops and shrieks that greeted Denzel Washington's entrance at a recent preview of the new production of Julius Caesar (* * ½ out of four) actually would not have been out of place at a film opening, or a rock concert. And why not? I doubt that Brutus, the tragic hero that Washington plays, has looked better or exuded more physical charisma than he does here.
Of course, Washington brings more than sex appeal to the role of Caesar's tormented betrayer. It's impossible, even in 2005, to watch an African-American man who has just stabbed a white ruler raise his arms in the air and shout "Freedom!" and not consider certain implications, however socially favored the character's position. Black actors are cast in other principal roles, most notably that of Brutus' nemesis, Mark Antony.
Race is not the defining factor, however, in director Daniel Sullivan's muscular but flawed interpretation, which opened Sunday at the Belasco Theatre. True, non-traditional casting in New York hasn't progressed as swimmingly as many had predicted or hoped it would by now. But seeing Washington paired with white actress Jessica Hecht, in the part of Brutus' wife, shouldn't surprise avid theatergoers — or anyone who saw the Disney musical Aida, for that matter.
Sullivan instead emphasizes the kind of general political and military intrigue that has come to complicate, and often eclipse, concerns over civil rights. When conspirators enter a conference room for Caesar's final, fatal meeting, they are greeted by a metal detector (one that doesn't work too well, apparently). Battle scenes that follow, with their blinding explosions and rapid bursts of gunfire, evoke some of Washington's action-oriented movies more than your standard Elizabethan showdown.
The leading man himself lends his usual sharp naturalism to Brutus, swallowing the occasional word but generally delivering a vigorous and entirely credible performance. Hecht's distraught Portia also is compelling, as are William Sadler's robust Caesar and Jack Willis' droll Casca.
Unfortunately, two key cast members don't fare as well. As Cassius, Colm Feore is suitably cunning but too florid to establish a convincing rapport with Washington's earthy nobleman.
Eamonn Walker's Antony poses an even bigger problem. Saddled with a voice so hoarse and strained that I thought at first he was suffering from laryngitis, he is by turns histrionic and indecipherable — histrionic when he's screaming, indecipherable when he's not.
Walker shouldn't bother wasting his energy. Antony may have better luck with public speaking in the script, but when it comes to drawing crowds, I suspect this Brutus will prove a force to be reckoned with.


text:
1 jobs
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76 vacancies are present in Arisaig on neuvoo.co.uk. Submit your application now and get the best job in the city.
Careers in Arisaig
Arisaig is located in the county of Scotland. Nearby areas like Glasgow, Edinburgh, Aberdeen, Dundee, Inverness or Livingston also have several job opportunities to offer.
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On average this month, 38 jobs in Arisaig were indexed on neuvoo.co.uk, 10 during last week.
neuvoo.co.uk: the largest job board in Arisaig
neuvoo.co.uk centralises over 802978 job vacancies across the United Kingdom, 76 of which are in Arisaig.Show more...
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text:
Puerto Rican political prisoner Oscar Lopez Rivera is free
- Details
- Created: Monday, 29 May 2017 12:57
- Written by Nicki Jameson
Puerto Rican freedom fighter Oscar Lopez Rivera has now officially been freed after more than three and a half decades behind bars in the United States prison system. In January 2017 Oscar was one of the 539 prisoners granted clemency by outgoing US President Obama and in February he was released from high security Terre Haute prison in Indiana and flown to Puerto Rico, where he then remained under house arrest for three months until he was finally able to walk free on 17 May.
In the 1970s Oscar was an active member of the Armed Forces for National Liberation, a communist organisation which fought for the independence of Puerto Rico from US occupation. Having been captured, in 1981 he went on trial for a range of offences, including 'seditious conspiracy', armed robbery and bomb-making. He did not deny any of the specific charges but instead declared himself a prisoner of war, demanding immunity from prosecution under the Geneva Convention and refusing to participate in most of the court proceedings, although he did address the court to close his own case, stating proudly: 'Puerto Rico will be a free and socialist country.'