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Brian Dunn – Investor Relations
Shaw Hong – President, Chief Executive Officer
Ray Cisneros – Vice President Sales
Bruce Wyer – Vice President Marketing
Anson Chan – Chief Financial Officer
Quinn Bolton – Needham & Company
Betsy Van Hees – Wedbush Morgan Securities
Harsh Kumar – Morgan Keegan
Analyst for Yair Reiner – Oppenheimer
Analyst for Tristan Gerra – Robert W. Baird
OmniVision Technologies (OVTI) F2Q10 Earnings Call November 30, 2009 5:00 PM ET
Welcome to the OmniVision Technologies earnings conference call for the fiscal second quarter of 2010. (Operator Instructions) I would now like to turn the presentation over to your host, Mr. Brian Dunn. Please proceed Sir.
Brian Dunn
Thank you. Good afternoon everyone and welcome to our fiscal 2010 second quarter earnings conference call. Just after the close of market today, OmniVision issued an earnings release reporting our financial results for our second fiscal quarter. You can access this release from the investor relations section of our website at ovt.com.
Please be advised that this call is being webcast live and is also being recorded for playback purposes. Both the live webcast and the replay can also be accessed from the investor relations section of our website.
Before we begin, we wish to remind you that certain information discussed in this call, in particular our revenues, earnings targets and our forward-looking product plans is based on information as of today November 30, 2009 and contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from those set forth in such statements. During the presentation today, we will present important factors related to our business which may potentially affect those forward-looking statements. As a result, we caution you against placing undue reliance on those forward-looking which reflect our opinion only as of today's date. For a discussion of these risks and uncertainties, you should review the forward-looking statements disclosure in the earnings release we issued to today as well as OmniVision's SEC filings including our annual report on Form 10-K for fiscal 2009 and our quarterly reports on Form 10-Q and other reports filed with the SEC from time to time. As a reminder, we disclaim any obligation to update information contained in any forward-looking statement.
During this call we will discuss GAAP and non-GAAP financial measures, the latter of which excludes stock based compensation expenses and other charges that are driven primarily by discrete events that management does not consider to be directly related to our core operating performance such as a goodwill impairment charge in fiscal 2009. A reconciliation between the two is available in our earnings release posted on our website. With that, I will now turn the call over to OmniVision's President and Chief Executive Officer, Mr. Shaw Hong.
Shaw Hong
Thank you Brian. I would like to welcome everyone who is participating in our call today. Joining me today are Anson Chan, our CFO; Ray Cisneros, our VP of Sales and Bruce Wyer, our VP of Marketing.
I will begin the call with an overview of our results for the quarter and then provide our thoughts on the overall status and trends we see in the image sensor market as well as our recent accomplishments and how we will continue to execute our strategic objectives. I will ask Ray to present an overview of sales activity and outlook followed by Bruce who will comment on our worldwide market opportunity and our project strategies. Finally, Anson will discuss in detail our financial results for the second fiscal quarter. Anson will also provide our outlook for the third quarter of fiscal 2010. We will conclude as usual by answering as many of your questions as time permits.
We are pleased to report fiscal 2010 second quarter revenues of $183 million representing sequential growth of 74% over last quarter. Gross margin also improved sequentially to 24% for the current quarter from 22.4% in the first quarter. We recorded GAAP net income of $8.1 million or $0.16 per diluted share while our non-GAAP net income totaled $14.3 million or $0.27 per diluted share. Our cash and short term investments at quarter end remained strong, increasing to $354 million.
In August we provided guidance that reflected our sense of cautious optimism we had in the emerging economic turnaround. Today we are [relieved] the quarter results that lend further support to our prior comments regarding our strategic direction and the market trends that we have observed.
The 74% increase in revenue we reported reflects both a recovery in our customer demand and our ability to rapidly scale our entire supply chain. This is underscored by our record second quarter $145 million unit sales. We continue to drive value growth across all our markets reflecting both the results of our design wins and the improvement in [inaudible] demand.
In particular, we are continuing to see an increase in [inaudible] and mobile phone and low cost manufacturers as they build inventory for the holidays. We remain focused on the development of key additional markets while aggressively pursuing attractive opportunities in our emerging product segments which offer the potential of above average returns. We continue to see a push for increased megapixel count in the higher end of the mobile format. This is particularly true in the Smart Phone category. In fact, strong sales activity in the Smart Phone market in particular in the 3 megapixel category, added to our revenue growth as we also recorded strong growth in the 2 megapixel market and in the entry level handset markets.
Both Ray and Bruce will provide further color on those current market developments in a few minutes.
These are the most important take-away's in the quarter. In other words, while it is too early to assess just how these developments will transfer into long-term revenue trends order [this]. Our new order ability and design wins were very encouraging and generally in line with our cautious optimism regarding the continued general economic recovery. Throughout this entire time we have continued to invest in our technology and in our product portfolio of total image sensor technologies as well as in our supply chain while maintaining a strong and fiscally conservative financial position.
This financial position and the substantial operating cash flow have supported our ongoing commitment to advance every asset of these technologies. Our commitment to technology innovation has been guided by our understanding of the key trends shaping the image sensor market. We noted the last quarter several key trends including the increasing sophistication of consumer expectations. Coupled with this dynamic is the rapidly expanding number of mainframe applications which employ image sensor technologies to meet end customer demand in increasingly novel and unexpected directions.
The extension of [inaudible] products like netbooks and the mobile internet devices is [inaudible]. Recognizing the need for more complicated image solutions we have consistently directed our resources and efforts towards development of progressively more complex image sensor technologies and I believe we have well positioned ourselves in the market and are now recognized as a technology leader in our selected target markets.
Third, our automated [inaudible] technology continues to gain broad market acceptance due to its leading low light sensitivity. We are pleased to be able to say today that the CMOS technology now rivals the quality and the performance of [CCD]. Further we are the first company to commercialize the use of the BSI technology. Our continuous efforts to invest the very best in quality based on our BSI technology has led to ongoing investment in our key sensor sensitivity.
We are very excited about our recently announced 1.75 micron Omni BSI architecture that delivers the industry's prime capture solution for high performance, streaming video applications. [inaudible] our assembly of Omni BSI was used on our first assembly of low [inaudible] architecture and offer the industry's best low light image capture with excellent color reproduction and [inaudible]. Additionally, we are actively designing our second generation Omni BSI 2 pixel technologies while our competitors are still trying to deliver their first generation technology.
Finally, our introduction of the [inaudible] technology is a remarkable step forward in image processing. The CameraCube presented a complete camera structure which layers the image sensor, filter, lens cap and the packaging in one [large] grade
As such, it is the industry's smallest camera solution and provides the [unit costs] through the elimination of components and commits a single supply chain that speeds time to market. Since we introduced our CameraCube six months ago we have gained substantial manufacturing experience that places us well ahead of our competition in understanding and in meeting our customer's needs. However, we cannot stop with new technology advancement. We continue to [transmit] advanced new technologies into credible product solutions to meet the needs of our customers.
Our introduction and developing new products across the spectrum of solutions and end product markets support this strategic direction. I am confident that our broad range of products provides us a well balanced product portfolio. We are well positioned and we are prepared to take advantage of the many growth market opportunities. We do not develop our new products or technologies in a vacuum. Each of our efforts is delivered by our long-term market value strategy and that is to be the clear leader in each of our target markets with strong acceptation of revenue trends.
As [Roy] will discuss, this market strategy based on the defense of our historical area of strength and the pursuit of high growth market opportunities. It is the cornerstone to our product development efforts. Recently we have begun to develop and entire new class of products to address the needs of the emerging entertainment device market. Our products enable global media players with integrated high definition radio applications with audio and data [handsets]. This represents one of our fastest growing market segments, representing our marketing and sales efforts to further provide the markets that we serve with strong growth from the [circulating] digital still and video camera, medical and automotive segments as well as the emerging entertainment segment.
Before I turn the discussion over to Ray, I must emphasize that we will never rest on our past success. I am pleased to say that OmniVision has never been more recognized in the marketplace due in part to our increasing penetration of the Tier One consumer product first, the penetration of the emerging markets we serve and due to our broad portfolio of product offerings. I have personally never been more excited by the prospects for our company as we continue to pursue the opportunities of our own creation.
With that I will turn the call over to Ray who will provide an update on the quarter sales activity. Ray?
Ray Cisneros
Thank you Shaw. As Shaw mentioned, we are pleased with our second quarter results. All customers, regions and markets showed strength. Product splits are driving to a more balanced level. We have seen not only steady revenue growth this quarter and last in our major segments of handset and notebooks but we have seen exceptionally strong relative growth in our digital still camera, security and in new segment we will categorize as the entertainment market.
We are aiming to drive at balanced coverage and sales from the regional perspective. We are very pleased with our North American sales taking a prominent role in our revenue mix and we are very pleased with early inroads into the Japan market. Going forward our outlook is positive with continual gains and new design wins with key customers, products and applications.
In the second quarter we shipped approximately 145 million units at an average selling price of $1.27. This compares with approximately 75 million units shipped in the first quarter at an average selling price of $1.40. Sequential revenue growth was driven by our strong position in the Smart Phone handset market, mainstream handset market and notebook market. The sequential decline in ASP is the result of an exceptionally strong demand in the mainstream handset market that drove a revenue mix shift towards lower resolution products.
In the second quarter the 145 million units shipped was a historical high. This level of volume exemplifies OmniVision's supply chain strength and its ability to react in the marketplace. In quarter-over-quarter trending, all product categories experienced significant growth. There were no exceptions.
In the second quarter unit sales of sensors 2 megapixel and higher was comparable to our first quarter, exceeding 20% of total shipments. Unit sales of 1.3 megapixel sensors were 10% of total shipments in the second quarter as compared to 15% in the prior quarter. Finally, unit sales of sensors that were VGA below increased to approximately 70% in the second quarter.
In terms of product markets, our mobile phone sales were up 75% quarter-over-quarter and represented slightly less than 60% of our revenues in the second quarter. Notebook and PC sales were also up approximately 30% quarter-over-quarter and totaled slightly over 20% of revenues in the quarter. Sales of our other emerging market products accounted for just under 20%, a significant growth due to the emergence of multimedia devices in the entertainment segment, strong seasonal activity in the DCS market and steady sales in the security market.
Within the mobile phone market we experienced a strong growth anticipated in the Smart Phone category plus an added boost in an exceptionally strong demand in the entry level mainframe segment. Several high profile customer Smart Phone devices carry the gamut of our ¼ inch three megapixel product line. The Smart Phone segment is proving to be a high growth category with consumers demanding the total value that features in Smart Phone devices provide.
Going forward, no 3 megapixel node holds steady in this category but our lineup of 5 megapixel products will ramp up quickly. We currently deliver our ¼ inch 5 megapixel to this market but our 1/3 inch 5 megapixel sensor has gained significant design win traction and significant shipments will ramp within the next two quarters.
In addition, 8 megapixel sensors which also serve the Smart Phone category have begun to ramp in the third quarter. The 5 megapixel and the 8 megapixel products mark a watershed point in that our Omni BSI technology will migrate into the handset market in significant volumes, a testament to our strategy of adding value to the end customer through exceptional imaging quality in small form factors.
In the mainstream, entry level category, exceptionally strong demand was driven by a continuation of the market expansion we believe began several quarters ago. The large manufacturing and engineering base in Asia is driving a change in the product and services landscape of this region. In addition to designing and manufacturing products for its own internal consumption it is now serving the larger OEM business model for global Tier One brands as well as exporting higher volumes of its own design and billed handset brands to the emerging countries such as India, Indonesia, Viet Nam and Brazil.
Not only did we ship record unit volumes of VGA products to China, but in fact we also shipped record volume levels of our 2 megapixel product line during the second quarter. Additionally, 3 megapixel and 5 megapixel sensors sold in increasingly higher volumes as products from this region are rapidly moving up the consumer value chain. Finally, this region also drove our camera chief start up sales into several Tier One brands for secondary camera applications and our demand is progressively increasingly.
Our next largest market is the PC notebook segment. We shipped a historical record high into this category in Q2 from our specialized VGA 1.3 megapixel, 2 megapixel and even 3 megapixel products. We continue to hold the largest market share in this area by continuously introducing higher value solutions. This market is quickly migrating to the multimedia needs of high definition formats and we are securing significant socket design wins with our new lineup of HD products for 720P or 1080P formats combined with leveraging our high sensitivity Omni and [Asis 3] and Omni BSI pixel architecture.
Revenues from all Tier One brands in North America, Taiwan and Japan contributed to our notebook business. In our emerging categories, several exciting trends are occurring. As mentioned last quarter we secured significant inroads into the Japanese market for digital video camera application using our 8 megapixel BSI product. This product is now on the market and has been well received. It has opened a door not only to the application category but also to the high value region of Japan. Our 5 megapixel BSI products have also secured multiple design wins in the digital still camera market and shipments began in the third quarter.
In the relatively new segment of multimedia devices under our entertainment market category we shipped significant volumes of the specialized VGA sensor. This segment is evolving rapidly and additional design wins have already been secured. Security drove a tangible portion of our revenue with shipments from our high sensitivity analog and digital VGA products. Going forward we are well positioned with new, specialized HD products for the emerging IP camera segment and the next generation analog products for penetration into the large CCTV segment. Several key design wins have been secured in this space.
In summary, we have executed in winning key customers and markets. We believe we are in a strong position with the right products and the right channels. We are confident in our outlook.
Shaw Hong
Thank you Ray. I would now like to turn the call over to Bruce who will discuss our technology and marketing efforts in more detail. Bruce?
Bruce Wyer
Thank you Shaw. There are three main topics I will be discussing today. First, our strong leadership position in providing CMOS sensors optimized for high definition video applications. Second, our continued focus on growing our baseline high line business. I will finish with recent successes we have seen within the emerging automotive and medical markets.
During the second quarter OmniVision introduced the OV2715, the 1080P high definition sensor optimized for the security market. This followed the September announcement of the OV2710, the 1080P sensor optimized for the notebook webcam market. OmniVision now offers our industry leading fourth native HD sensor, optimized for 720P and 1080P video applications. During the quarter we also announced that Microsoft had selected the OV9712, the native 27P sensor for their flagship Live Cam Cinema webcam product. Microsoft chose the sensor due to its best in class whole life performance and image quality.
Additionally, OmniVision's recently announced 5 megapixel and 8 megapixel Omni BSI sensors are designed to support 720P and 1080P high definition video applications. OmniVision has established clear leadership in streaming video based markets including the notebook, netbook, webcam, automotive and security markets. We are now ideally positioned for a major transition to high definition sensors in the notebook, webcam, security, entertainment and next generation mobile phone markets.
Whereas, in high definition video represents the next big trend in the market, many mobile phone consumers are still without a camera. This is particularly true in China, India and in developing countries. In October OmniVision announced the OV7675 VGA sensor, designed to deliver optimized performance at a competitive price. The price and performance of this sensor makes it an ideal choice for the high growth Indian and Chinese markets. OmniVision is dedicated to retaining our volume leadership in the CMOS image sensor market. Maintaining a strong position in the VGA for 2 megapixel resolutions is a key part of our leadership strategy.
Another key strategy for the company is to establish strong leadership position in the emerging automotive and medical markets. In September OmniVision announced our image sensors had been selected by Altech Corporation, a leading Taiwanese imaging systems provider, for two emerging drivers for this application; 360 degree surround view and land departure warning systems. Their Eagle View vision system provides true 360 degree coverage of the area around the vehicle. Multiple OmniVision CMOS sensors provide real time imaging of the vehicle's surroundings. The system also allows drivers to switch to rear view camera mode while reversing the vehicle.
Additionally, OmniVision automotive grade sensors mounted behind the windshield or rear view mirror continuously track rear view lane marking to monitor and warn the driver if they are drifting into adjacent lanes. Another exciting development for OmniVision is the participation in the advancement of medical procedures. In September announced that our ultra small OV6920 medical sensor was selected for ETView's next generation medical intubation system. These tracheoscopic ventilation tubes provide oxygen to a patient's lungs during medical procedures. The small diameter of the sensor and tubes provides patient comfort while offering real-time monitoring of the upper airways. With the emergence of disposable endoscopic procedures, the industry is reducing the transmission of infectious disease while reducing overall medical costs.
In summary, OmniVision is ideally positioned for the major transition to high definition sensors in the high line consumer markets. We continue to invest in the leadership solutions for the high volume China and India markets and anticipate strong growth in emerging applications for the security, automotive and medical markets.
Shaw Hong
Thank you Bruce. I will now turn the call over to Anson who will discuss our second quarter financial performance and provide guidance for our third fiscal quarter.
Anson Chan
Thank you Shaw and good afternoon everyone. As Shaw mentioned at the beginning of the call, revenues for the second quarter of fiscal 2010 were $183.3 million up 74% sequentially. Direct sales to OEMs and VARs accounted for 53% of revenues in the second quarter of fiscal 2010 and the remainder came from sales through our distributor channels.
Our second quarter gross margin was 24% which marked a further improvement from the 22% we reported in our first quarter fiscal 2010. Excluding stock based compensation expense of $624,000 included in cost of revenues, gross margin was 24.3%, up from 23.2% in the first quarter. The improvement in gross margin during the second quarter was a result of several factors. The primary driver was the further improvement in the production yield in some of our newer generation products. As this trend continues we expect to see a modest improvement in gross margin in our third quarter.
Increased production capacity utilization also contributed to the gross margin improvement. With respect to our allowance for excess and obsolete inventories, we reported approximately $6.4 million during the second quarter which represents approximately 3.5% of our revenues for the quarter. R&D expenses in the second quarter totaled $18.9 million representing a limited 2% increase from the $18.4 million we reported for our first fiscal quarter.
One of the main components of our R&D expenses is NRE expense. As we have noted in previous calls, our NRE expense can fluctuate from quarter-to-quarter depending on the number of new designs we release to the public. We expect to release additional mass designs to TSMC in the third quarter and our total R&D and NRE expenses will be slightly higher than our second quarter spend rate. R&D expense in the second quarter included approximately $2.7 million of stock based compensation expense. Excluding stock based compensation expense, R&D expense was $16.1 million as compared to the $16 million in the first quarter.
SG&A expenses in the second quarter totaled $16.2 million or $2 million increase over the $14.2 million we reported in our first quarter. The change was driven by an increase in commissions resulting from the 74% advance in revenues during the second quarter. Our second quarter SG&A expenses included approximately $2.8 million of stock based compensation expense. Excluding stock based compensation expense, SG&A expenses in the second quarter was $13.4 million as compared to $11.3 million we reported in the first fiscal quarter.
Our GAAP operating income totaled $8.9 million which represents a dramatic improvement from the $8.9 million operating loss that we reported in the first quarter. Excluding stock based compensation our operating income was $15 million. Our GAAP pre-tax income totaled $8.9 million again a dramatic improvement from the $8.6 million GAAP pre-tax loss that we reported in the first quarter. Excluding stock based compensation our pre-tax income was $15 million.
Our GAAP tax rate for the second quarter was 10.8% resulting in a GAAP income tax provision of $1 million. Excluding the effects of stock based compensation, our non-GAAP tax provision was fairly comparable at $0.8 million. As was the case for the first quarter our tax provision was driven primarily by our taxpaying entities in foreign jurisdictions. For the third quarter we expect these entities to remain the dominant factor in our income tax expense computation. As a result, we expect the tax provision amount for our third quarter to be comparable to our second fiscal quarter.
In the second quarter our GAAP net income attributable to OmniVision was $8.1 million or $0.16 per diluted share as compared to a net loss of $9.9 million or $0.19 per share in the first quarter. Excluding non-cash stock based compensation expense our non-GAAP net income attributable to OmniVision for the second quarter was $14.3 million or $0.27 per diluted share. This compares to a non-GAAP net loss of $3.9 million or $0.08 per share in the first quarter.
Let me now turn to the balance sheet which is in even better shape than our first quarter. We ended the second quarter with cash, cash equivalents and short-term investments totaling $354 million. This compares to $309 million at the end of the first quarter. The improvement in our cash balance was driven primarily by further gains in working capital efficiencies which generated positive cash flows from operations.
Accounts receivable at the end of our second quarter net of allowances was $67.7 million, up from $48.4 million at the end of our first quarter. This increase in accounts receivable is the result of increased product shipments in the second quarter. However, even on the higher revenues our day sales outstanding were just 34 days, eight days lower than the first quarter. Maintaining day sales in the lower 30′s may not be sustainable although we are certainly proud of what we have accomplished.
As of October 31, 2009, inventory was $92.2 million, a decline of 7% from $99.2 million balance at the close of our first quarter. Our October inventory represented 61 day sales or annual inventory turns of six times. This is slower than our stated goal of 75-90 day sales or annual turns of 4-5 turns but we are comfortable with our current level of inventory.
Before I go into our guidance for the third quarter which will end on January 31, 2010, I would like to talk about a slight change to the seasonality that we are experiencing in our business. Before last year's downturn for a few consecutive years our fiscal second and third quarters were typically comparable in terms of gross revenues. This time around, as Ray has indicated, our regional sales coverage has shifted and the North America and Japan regions are more prominent.
This, in turn, has shifted some of the business from the holiday season inventory sales into our second quarter. Consequently, we expect the third quarter to come in with less revenue. With that said, we now expect our third quarter revenues to be in a range of $145 million to $160 million. Our GAAP earnings are expected to range from $0.02 to $0.12 per diluted share. Excluding the estimated expense and related tax effect associated with stock based compensation expense, we expect our non-GAAP earnings will be in a range of $0.14 to $0.24 per diluted share.
Please note this guidance does not take into consideration any possible accounting effects from our recently announced employee stock option exchange program. The program is designed to have minimal stock compensation charge. However, the ultimate compensation charge and associated tax effect will be determined by our employee's participation rate, our stock price and other valuation assumptions at the expiration of the program, currently expected to be December 16, 2009. With that I will now turn the presentation to Shaw.
Shaw Hong
In summary, we are very pleased with our second quarter results as we believe they are indicative of the encouraging signs we are seeing in the consumer products market and the overall global economy. We also view our results as a testament to the competitive depreciation and customer demand we are seeing for our flagship, Omni BSI and CameraCube product which are both shipping into marketable Tier One globally.
We believe we are uniquely positioned to capitalize on the growth and expansion of the image sensor market, with our technology, the financial strength and long history of delivering on our goals. We look forward to continuing to share our success with you in the quarters to come. Operator, we are now ready to take questions.
Question-and-Answer Session
(Operator Instructions) The first question comes from the line of Quinn Bolton – Needham & Company.
Quinn Bolton – Needham & Company
I was wondering if you could talk a little bit more about the guidance for the third quarter and some of the effects you are seeing. I guess I am a little surprised at the magnitude of the drop off in the third quarter. Then, since you talked in the prepared script about changes to your seasonal patterns, can you give us your current expectations about what you expect seasonality to do now in the April quarter given a seasonally slower period in Q3. Is the fourth quarter now likely to be flat from Q3 levels? What would you see normal seasonality being out in the fiscal fourth quarter?
Ray Cisneros
I think what we mentioned was that North America now is a good portion of our revenue mix which meant the traditional Christmas season and material and products being built up for that drove our Q2 numbers to where we are at and therefore a little bit of a step down in Q3. Going forward the same type of customer mix now dictates perhaps in the spring time season there is another seasonality as people look forward to the summer season of building up material for things like Graduation, Father's Day, Mother's Day and these kinds of holidays. So, we might start seeing some kind of trending like that but we will have to wait and see how that materializes.
Quinn Bolton – Needham & Company
Q4 has historically been seasonally down. Would you currently expect it to still be seasonally down? Do you think it is…just to give some sense because there does seem to be a pretty meaningful shift in the seasonal patterns.
Ray Cisneros
What Q4 does is it basically straddles the spring calendar year. My expectation is now with our customer mix the way it is we start building up for some improved sales in that quarter.
Anson Chan
This is not going to be another step down from Q3 looking at Q4.
Quinn Bolton – Needham & Company
A second question I think Shaw in your closing remarks you said that the CameraCube and Omni BSI were now shipping to multiple Tier One's. Can you give us a sense of when you think those revenues will become material contributors to revenue?
Ray Cisneros
We are extremely excited about the traction we have in design wins with customers buying our CameraCube. It is tangible. It is material, albeit a very small percentage right now. The way it is working out to be, most of these cameras are backing into the secondary camera application and handsets so therefore the actual mass or volume of this particular camera is not as large as the primary camera. Going forward we expect to transition this technology into primary camera applications but that has yet to be plans laid out or openly discussed yet so we are still very excited about this whole trend.
Quinn Bolton – Needham & Company
I was surprised with the VGA strength in the quarter and you mentioned strength in China and India. Could you just talk a little bit about your positioning in the China markets? It looks like you have regained some share there. Can you talk a little bit about how you see that competitive landscape and things like customer service and support? It looks like it has allowed you to reclaim some share in that market.
Ray Cisneros
Absolutely. The whole thing about the China market is an evolution, if you will, on where it has been and where it is going. I think where it has been has been predominately historically sort of a self-serving type of market. Vertically sort of driven. Then now evolving into more of a global service and solution provider to the marketplace in terms of ODM business as well as exporting. So the whole dynamics of China is changing and it is a good point. It means all the more importance of customer service, product and technology solutions need to be provided in this market.
We are up for the challenge. Of course there is a lot of competition but we have some strategies in place that will start addressing some of these new challenges.
The next question comes from the line of Betsy Van Hees – Wedbush Morgan Securities.
Betsy Van Hees – Wedbush Morgan Securities
Can we circle back to the previous question? I wanted to get a little bit of understanding about the new seasonality. So we are going to see a down tick because of the improvement we are seeing in your market share in North America and penetration I believe in Japan. Then when we look at your fiscal Q4 where is that going to be in terms of up/down and what is going to be driving that?
Ray Cisneros
I think it is too early to make commitments on Q4 numbers obviously but I think what Anson and I are trying to make as clear as possible is we don't expect another down tick from Q3. In other words, Q4 will not be down from Q3.
Betsy Van Hees – Wedbush Morgan Securities
In terms of mix, VGA was obviously exceptionally strong and that is largely due to the fact you are gaining share in China and then we are also seeing new markets in the emerging market segment in the portable media players. How are you looking at mix as you move forward in this fiscal quarter?
Ray Cisneros
It is looking quite well. In fact, in the prepared script we mentioned the product mix is not just talking about VGA we are extremely happy in our traction and gain in the 3 megapixel node. Then coming forward in the upcoming quarters will be an exceptionally strong 5 megapixel demand from our Tier One customer base globally, not just North America but even in Asia picking up our quarter inch 5 meg and our third inch 5 meg. Overall from a unit mix there is one set of numbers. From a revenue mix there is a separate set of numbers. In both cases both are driving exceptionally strong demand.
When we talk about the VGA, you made some comments about in Asia VGA being the dominant product sold there, China has also been a great marketplace for our higher resolution products. We have had a historical high of 2 megapixel shipments into China and then 3 megapixel and 5 megapixel are increasingly shipping in higher volumes.
Betsy Van Hees – Wedbush Morgan Securities
In regard to gross margin you said it was going to tick up slightly in fiscal Q3. Can we continue that trend as we move forward into fiscal Q4 and next year?
Anson Chan
That is what management is working towards. Obviously our policy only gives us the ability to give you one quarter outlook at this time but we do expect margins to continue to expand, at least through Q3.
Betsy Van Hees – Wedbush Morgan Securities
You have a tremendous amount of cash on the balance sheet. Congratulations. What are your plans with that cash moving forward?
Shaw Hong
We are always looking for possible activities that can expand on the product portfolio be it through M&A or even through developing new technologies. It wasn't easy to deploy cash in terms of CapEx because we do need new testing equipment and sometimes when new products come on line we also need capacity expansion. So that is pretty much how we plan to use the cash in the short term.
The next question comes from the line of Harsh Kumar – Morgan Keegan.
Harsh Kumar – Morgan Keegan
Just quickly going back to your guidance. Could you tell us how much US and Japan was as a percentage of revenue was in the latest quarter?
Anson Chan
We don't really break that out. Needless to say the supply chain hasn't really changed so in terms of actual physical shipments the vast majority is still going to Asia.
Harsh Kumar – Morgan Keegan
But the end demand you are saying has shifted more towards North American products. Is that correct?
Ray Cisneros
Obviously we don't break out the details in the revenue mix but suffice it to say our growth and strength now in North America has driven quite a bit of our execution and planning and technology and selling our products to the right customers, we are extremely happy with our traction there and North America, as you well know, it is filled with a lot of good opportunities and great customers. Then in Japan with our BSI technology is another great in-road we made with the digital camcorder. What it brought to us is exposure into the Japan market for our BSI technology that is now being embraced quite aggressively by good companies out there as well.
Harsh Kumar – Morgan Keegan
Can you talk about the visibility? Is it the case where you simply don't have an adequate amount of visibility going out into the holiday build that you are being perhaps a little bit cautious? Also could you give us a sense of what the backlog was like or any kind of input into the order trends we could wrap our arms around the guidance?
Ray Cisneros
No, the Q3 guidance is no lack of visibility built in there. It is what it is. We are fairly comfortable with the guidance. You may be reading more than really is there in terms of the number. It is primarily driven or has been driven to a good extent now by the customer mix as we keep talking about. It is tracking now with that seasonality for that customer mix.
Anson Chan
We have talked about that before. We do have a 10 to almost 12 week lead time so we only put that inventory essentially before our fiscal Q3. Even with a six times turn at the end of the quarter we are still comfortable with what we have because we believe that is sufficient to give the guidance that we provide now.
The next question comes from the line of Analyst for Yair Reiner – Oppenheimer.
Analyst for Yair Reiner – Oppenheimer
I just wanted to get a little more detail on the notebooks. It seemed the sequential growth was pretty strong there. I am guessing it has to do with the favorable mix. Can you talk a little more about how the resolution is trending there and how it will trend?
Ray Cisneros
Let me see if I got your question. I think you may have a two-part question. The notebook, all segments of our business actually increased because of such a high step in both revenue and unit shipment. Every single category in our business mix quarter-over-quarter was a dramatic step up in Q2. The notebook business was not by any means devoid of this trend. It actually achieved a very significant step up in units and in revenue. It was just overshadowed by extremely strong growth in the handset demand in Q2. Quarter-over-quarter absolute numbers a very strong trend in all markets and resolutions.
Analyst for Yair Reiner – Oppenheimer
Was there a shift in resolution mix for notebooks?
Ray Cisneros
No. There wasn't really any shift in resolution mix for notebooks. There was a good blend of specialized VGA's, mainstream VGA and 1 megapixel and very strong 2 megapixel. In addition a small portion of 3 megapixel. They pretty much tracked in mix. It just got overshadowed by the very strong entry level handset business.
Analyst for Yair Reiner – Oppenheimer
Shifting over to China, you mentioned some strategy for dealing with more competition in China before. Can you talk a little bit about what some of those strategies might be?
Ray Cisneros
As Bruce mentioned in his script there is the launch of our new VGA 7675. It is I would say the best, bar none, balance between cost and performance. The other strategy we have been talking about here is the CameraCube for secondary camera applications. Going forward there are other strategies we need to take into action as we go forward because the China market as we mentioned we feel has expanded because of its infrastructure and readiness to basically change business models globally.
Analyst for Yair Reiner – Oppenheimer
Given what you said about customer mix should we expect VGA revenue out of China to be pretty much flat?
Ray Cisneros
Revenues out of China to be flat? I would say the revenues out of China from Q1 to Q2 obviously increased and going from Q2 to Q3 are very similar.
Analyst for Yair Reiner – Oppenheimer
Very similar as in they will increase again or they will be flat?
Ray Cisneros
They will be very similar in mix as well as probably on the flat side.
The next question comes from the line of Analyst for Tristan Gerra – Robert W. Baird.
Analyst for Tristan Gerra – Robert W. Baird
We have kind of danced around it a bit but I was wondering if you could talk about do you expect your VGA mix in the next quarter and in the next year to be similar as to percentage of units? You said that the North America and Japan business, which I assume is a higher megapixel mix, is actually going to be falling off in the next quarter. So should we actually see VGA approaching maybe 75% of total units in this next quarter?
Ray Cisneros
It is hard to predict right now. I see it pretty much trending equivalent to the Q2 numbers.
Analyst for Tristan Gerra – Robert W. Baird
For next quarter? What about for calendar 2010?
Ray Cisneros
Calendar 2010 I see a growth in higher resolution products. Something I think we touched upon, we talked certainly a lot about the 3 megapixel. We talked a lot about the 5 meg but we also are going to start ramping up our 8 megapixel in handset categories as well as DSC applications. The other thing that will be driving the 5 meg is not just that Smart Phone category but also the DSC applications. I have a feeling VGA will stay strong but on the other hand the higher resolutions are picking up for us.
Analyst for Tristan Gerra – Robert W. Baird
That is as a percentage of units as well a percentage of revenue?
Ray Cisneros
Analyst for Tristan Gerra – Robert W. Baird
You talked a little bit about you have enough inventory for what you have guided to but would you say that inventory or any capacity type mix has impacted negatively your fiscal third quarter guidance?
Anson Chan
Not at all. In fact, our fiscal Q2 we demonstrated how flexible our supply chain is. We exceeded our guidance by $13 million and we have no problem making that kind of shipment.
Analyst for Tristan Gerra – Robert W. Baird
You talked a little bit about the changes in seasonality going forward. Are you looking specifically for any changes in the seasonality of your feature phone business or is that just more Smart Phone business is what is going to impact your seasonality and your feature phone business is going to be pretty much the same?
Ray Cisneros
Honestly it is quite a mix here because we are picking up traction in digital still camera design wins. We have accomplished that. We have accomplished quite a bit of Smart Phone design win activity as well. Then we expect the security driven by our HD products to start picking up and notebooks is always something that continuously is evolving. That is migrating into 3 megapixel quite rapidly as well. So it is a big mix there quite frankly.
Analyst for Tristan Gerra – Robert W. Baird
You said you have lots more wins in this entertainment segment. Can you say whether that is with new customers or whether that is with the same customer? Also can you give any kind of a bogey for what that was as a percentage of revenue? Did that hit 5-10% of revenue yet or is that a goal for some time over the next 12 months?
Ray Cisneros
We won't break out the revenue mix. I think we need to put some quarters in our experience here in what it starts evolving or looking like. I can tell you the multimedia device, we are allocating that to something we are calling the "entertainment market.� What that means is there is a bunch of stuff in there for us. Not just mobile type devices but also perhaps even things that you find in your home entertainment area. So it is going to be a mix of customers, a mix of products, and we need to see how this trending starts looking out for us.
The next question comes from the line of Quinn Bolton – Needham & Company.
Quinn Bolton – Needham & Company
I wanted to follow up on that comment about the fiscal fourth quarter and you expect you will not take another step down. Is that where you are saying your typically seasonality is or is this really being driven by specific design win programs or perhaps market share gains that you see for OmniVision? I am just trying to separate what would a typical seasonal pattern be versus perhaps whether or not you are gaining share in that quarter?
Ray Cisneros
That is a good question and a fair question. Honestly it is a mix of both. We have gained market share and then seasonality, if you track the western hemisphere type companies, their seasonality backs into Christmas and the end of the calendar year holidays. Then they drive it back up during the summer period for a bunch of events that typically drive sales such as Graduation day, Father's Day, Mother's Day and these sorts of events. It is sort of a double-hump seasonality traditionally for a western hemisphere based type mix.
That being said, it doesn't mean it is going to be the only thing driving our revenue. I kind of like the balance now. We have that going. Then we also have our large market share in Asia. So we got I think the better part of two worlds here.
That does conclude the time we have for questions. I would like to turn the call back over to management for any closing remarks. Please proceed.
Shaw Hong
Thank you all for participating in this quarter's call. We will talk to you again in about three months. Thank you.
Ladies and gentlemen, thank you for your participation in today's conference. That does conclude the presentation. You may disconnect. Have a wonderful day.


text:
CIS 9103 - Web Site Development Foundations
Instructor: Angie Vani
Email Instructor
Course Description
Web Site Development Foundations teaches essential Web page development skills and how to work as a productive part of a Web site development team. Develop Web sites using HTML/XHTML; write source code manually and using graphical user interface (GUI) authoring tools. Insert images, hyperlinks, tables, forms, frames, using style sheets to format Web page content, and implement fundamental design concepts. Validate your XHTML code, recognizing the importance of Internet marketing and search engine optimization. Connect Web pages to databases, identify e-commerce solutions, and how to link Web site development to business goals. Throughout the course, students will learn how sites are developed as managed projects. This course is one of a series in the Certified Internet Web Professional (CIW: www.ciwcertified.com) program.
To take this class, you must have daily access to a computer with an Internet connection and experience using a web browser. You will also need to understand how your college email account works with Blackboard. Learn more about your college email account.
Check the college catalog for CSU/UC transferability and to see if this course meets AA/AS degree requirements.
The instructor may drop students who miss the first meeting of a course. The first meeting of online or hybrid Distance Education courses is the first day of the class as specified in the class schedule listing. For these courses, instructors may drop students who do not log into their Blackboard course and/or complete indicated activities by the third day of classes. DE instructors may drop students if they have not submitted work and/or accessed the class for two consecutive weeks.
There might be an instructional materials fee associated with this course. Learn more about instructional materials fees.
This class begins Jan 19 and ends May 27.
On-Campus Meetings
There are no required on-campus meetings for this class. You can attend an OPTIONAL, on-campus orientation to Online Learning on Jan 13 from 1 - 2:30 pm or Jan 14 from 5:30 - 7 pm in Room 2410. A virtual session will be offered on the Internet on Jan 19 from 5:30-7 pm. Learn more about these orientations, which are NOT course-specific.
How This Class Operates
This is not a self-paced class; there are due dates throughout the semester that you are expected to meet, just like in a traditional, face-to-face class. Some assignments will be done on your own, others will be done in groups. Active participation is required.
Communications will take place primarily via email, the class discussion board and chatrooms.
Succeeding in an Online Course
Students who succeed in online courses tend to be independent, self-motivated learners with good computer skills. If you are a procrastinator who relies heavily on the instructor for motivation, can't use a computer too well, have taken less than 21 units of college credit in your lifetime, and/or have a grade-point-average under 2.0, you should probably consider enrolling in a face-to-face course instead.
Also, don't enroll in this class if you believe the myth that learning online requires less effort than learning face-to-face. This course covers the same content and has similar activities as the face-to-face version of the course; only the method of delivery changes.
LPC offers a tutorial called "Succeeding in an online course" that will not only tell you if you are a good fit for online learning, but it also offers many strategies -- among other pertinent information -- that will help you succeed online. Please complete the tutorial.
This course will use the Blackboard course management system as its virtual classroom. To learn how to log in to Blackboard, go to the Blackboard Login Procedures page. Once you enroll, you will not be able to log in until the first day of class.

subset: commoncrawl


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When: Fri., June 5, 3-8 p.m. and Sat., June 6, 12-8 p.m. 2009
There are few points of cultural heritage in the world which the Lowcountry can claim as its own. The Civil War? Nope, sorry. Big, old plantations and merchant houses sprinkled with palmetto trees? Try again. But the Gullah/Geechee culture is something which the Lowcountry can be proud of. In order to honor and preserve it appropriately, however, the Gullah/Geechee Cultural Heritage Corridor needs our input as to how to make it happen. Established by Congress in 2006, the Heritage Corridor, which represents the areas of Gullah culture from the coasts of N.C. to Fla., was created to recognize the importance of the Gullah/Geechee culture and contributions of its African and African-American founders and to assist on federal, state, and local levels the identification, interpretation, and preservation of all things Gullah. The Commission of the Corridor is developing a 10-year management plan, and they want the public's help developing its vision, mission, and purpose. "Participation by the public is crucial to the success of this important planning effort," says Emory Campbell, chairman of the commission. "We want the public to tell us what they think and how they would like to see their resources, arts, and traditions preserved, interpreted, and managed in the future." A meeting will be held during the Sweetgrass Cultural Arts Festival in Mt. Pleasant this Friday to open up discussion, so if you care about the Lowcountry's cultural heritage and its preservation, now's your opportunity to show it. —Hadley Lyman


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Pure maple syrup is made from the boiled sap of the sugar maple tree. The caramel-colored, maple-flavored corn syrup commonly drizzled on waffles and pancakes and called "pancake syrup" has no relation to the real thing.
In early spring, throughout Canada and the northern United States, most notably in New York and New England, taps for collecting sap appear on the trunks of maple trees. Sugaring season, as it is called, lasts for a month or so, as long as the nights are cold and the days are warm enough to get the sap rising. A long boiling reduces the clear, fresh sap to a rich, aromatic, amber syrup. Good-quality maple syrup will taste of vanilla and caramel. To make a single gallon of maple syrup, up to 40 gallons of fresh sap must be boiled down.
Blended maple syrups contain anywhere from 2 to 15 percent real maple syrup. Pure maple syrup is expensive, but it is so flavorful that less is needed. Maple syrup is graded according to its quality and color. In general, the lighter the color, the milder-tasting the syrup.
Smaller amounts that can be used within 2 months can be kept in an airtight container in a cool, dry place. Store large amounts of syrup in an airtight glass container in the refrigerator indefinitely.
Use maple syrup much as you would honey. Add it to barbecue sauces, muffins, quick breads, frostings, glazes, fresh fruit salads and salad dressings. And, of course, drizzle it generously over pancakes, waffles and French toast.
Adapted from Williams-Sonoma Kitchen Companion: The A to Z Guide to Everyday Cooking, Equipment and Ingredients (Time-Life Books, 2000)
Related Recipes
Recommended Products:


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A CHARITY night featuring a raffle, DJ and disco, will take place at Shildon Civic Hall from 7.30pm to midnight on Friday, February 21. All proceeds will be donated to the Sick Children's Trust and the paediatric intensive care unit at the Royal Victoria Infirmary in Newcastle. Tickets cost £2.50 on the door or from Clare Nixon on 07403544592.
POLICE APPEAL: A black Mitsubishi L200, registration number CV56 VOP, was stolen from a property at Killerby, near Barnard Castle, at 3.30pm on Monday, January 13. The vehicle is believed to have been driven towards Bishop Auckland and police are keen to speak to anyone who has seen it. Anyone with information is asked to contact Barnard Castle Police on 101 or Crimestoppers anonymously on 0800-555-111.
COUNTRY NIGHT: The Sedgefield in Bloom Committee is holding a Honkin Tonkin Country and Western and Rock 'n Roll night to raise funds. The event takes place at Sedgefield Parish Hall on Saturday, January 18. Tickets cost £8 including a pie and peas supper and are available from Sedgefield Town Council offices on Front Street. Guests should bring their own drinks and glasses.
Loading article content
CIVIC DINNER: Councillor Barbara Clare, the mayor of Great Aycliffe, is holding a charity civic dinner and dance at the Aston Hotel in Newton Aycliffe, from 7pm to midnight, on Friday, February 21. Tickets cost £26 to include a reception, three-course meal with tea and coffee, table wine, entertainment and dancing. Proceeds from the evening will be donated to the Cardiothoracic Unit at James Cook University Hospital in Middlesbrough and St Clare's Food Bank. To book contact 01325-300700.


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Fields of bluebonnets will greet cyclists Saturday in the first bike tour to grace the Lampasas area: the Hillacious Bike Tour.
While it isn't snowing and rain isn't expected, Tour Director Joe Corcoran said riders can expect low 60-degree weather in the morning and mid-80s in the afternoon.
"We've got both the hills and the winds, the wind is just an invisible hill as I say," he said, referring to the ride's route.
The race is still open for registration. Corcoran said more than 120 people already signed up, with more calling to tell him they will be there.
Cyclists can elect to ride one of five routes: a 9-, 23-, 36-, 45- or 80-mile loop. The tour begins at the intersection of West 10th and Broad streets in Lampasas, near the middle school. The first ride will take off at 8:30 a.m.
Organized by Vision! Lampasas, Lampasas Association for the Arts and the Lampasas Chamber of Commerce, ride officials will host samples from area wineries on-site at the Lampasas Chamber of Commerce, H-E-B will serve hot dogs, there will be two masseuses, and two bike shops to help adjust bikes if needed, Corcoran said. The first 300 riders also get T-shirts. On-site registration is $45, from 7 to 8:30 a.m., at 10th and Broad streets. Payment must be cash or check, but if anyone associated with Wounded Warriors calls him, Corcoran said he would gladly waive the registration fee.
"I think it's going to be a real boost to tourism in the county because they are actually just going to be leisurely riding along looking at all the sites in the county," County Judge Wayne Boultinghouse said.
Call Corcoran at 210-326-8892 for more information.


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|IslamiCity Forum - Islamic Discussion Forum : Culture & Community : Groups New Muslims
|Topic: Nice page of links for the New muslim
Senior Member
Joined: 29 March 2006
Online Status: Offline
Posts: 1283
| Topic: Nice page of links for the New muslim
Posted: 15 July 2006 at 1:20am
Asalaamu alaikum:
Was surfing a blog website and found this page for new muslims:
"Every good deed is charity whether you come to your brother's assistance or just greet him with a smile.
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Joined: 12 September 2006
Location: Malaysia
Online Status: Offline
Posts: 136
|Posted: 07 March 2007 at 6:20pm
Thanks Maryah, for introducing the new muslm blogs/websites. In malaysia there are a growing community of overseas chinese who embraced islam at about 70,000 strong. There is a website at http://www.macma.org.my.
To cater for chinese seekers and new muslims, we have created another site at
Please enjoy and put your little comments there while surfing and enjoying the cyber tea of many sufic,tao, zen and islamic tales and strange encounters. Peace and cai jian.
abuzuhri shin
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The Altima Hybrid is not exactly an auto enthusiast's dream machine but I decided on it for the weekend because I knew I would be driving close to 200 miles in the course of those couple of days and I wanted to see just what kind of mileage this hybrid would achieve in the real world. After driving about 175 miles-eighty percent of which was highway-I averaged about 33 mpg, which is the Altima Hybrid's city mpg rating. I was surprised that it wasn't a bit better since my cruise was set at 75 mph or less for most of the trip. For a large portion of the drive, I was carrying over a hundred pounds in the trunk from a Costco run so it's possible that this extra weight brought the number down. Luckily, I skipped the thirty-six-roll paper towel and the 100-pound dog food because the trunk is surprisingly small for such a big car.
The ride is good although the car bucked and jumped sideways while taking a pothole-laden highway entrance ramp at speed. The car feels quite heavy but the engine has no problem getting it all moving quickly. Once you get inside, the Altima is much bigger than the exterior would suggest, especially in the back seat, where I discovered that each foot well could hold nearly three upright paper grocery bags.
The only thing that was truly disappointing is the transition between the electric motor and the gas engine. The engine shuts off when the car is at rest and the car runs solely off the electric motor like all full hybrids. When the engine restarts, it's not only loud but the vibration shakes the entire car until it gets moving, which actually takes a couple seconds. I became a little more conservative when pulling out into traffic because of this noticeable pause between when the gas pedal is depressed and when the car starts moving.
Jennifer Misaros, Production Editor


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A woman cowered on the living room couch, curled up against her agitated husband who pointed a gun at her.
Athens-Clarke police Officer Leonard Renna entered the house, ordered the man to drop the gun, then squeezed off two quick shots when the man swung the weapon his way.
Although shot, the man wasn't injured. He was only an image on a screen.
The scene is part of a training simulator that uses realistic scenarios to help officers sharpen their decision-making skills.
"It was definitely a heightened experience," said Renna, who graduated from the police academy in January and had been used to shooting only at paper targets.
"I was nervous going into it, and it really raises your senses," the officer said.
The "Use of Force Decision Making Lab" is a program developed by Athens-Clarke police Sgt. Justin Gregory. Using the police Crime Scene Unit's video camera, his laptop computer and his father and stepmother as actors, Gregory spent less than $300 to create a training program that can cost tens of thousands of dollars to buy.
The Athens-Clarke County Police Department named Gregory as its 2007 Officer of the Year for his initiative.
"The training he developed allowed officers to make complex judgments regarding appropriate use of force options, from verbal commands to lethal force, all under the critical eye of a firearms trainer, while doing so in a safe environment," police officials said in a recognition announcement. "Innumerable employees commented on the effectiveness of this training after attending the course.
"His innovative efforts are to be commended, and clearly display a level of dedication to duty of which the entire agency can be proud."
The simulator isn't meant to hone officer's shooting skills. That's done during annual re-certifications at the shooting range.
This training is meant to gauge how officers will react to situations they might face in real life.
In the scenarios, officers can defuse a situation through commands, but if the simulated bad guy chooses to resist, officers must decide how much force is needed - from pepper spray to a baton or a gun.
Gregory is with the police department's Career Development and Training Unit and is assistant team commander of the Special Response Team, or SWAT unit.
Since the officer finished designing the program last fall, going through the simulation has become an annual firearm re-qualification requirement for all officers.
Renna was put to the test for the first time last week, as part of his new officer training.
The simulator typically is used on the firing range, where officers shoot live bullets from their guns at images projected on dry wall, but on this day Renna trained indoors, using "simunition" that explodes with paint when it hits the screen.
The simulator is much more than the "shoot-don't shoot" training officers used to work through, when they went to the firing range in the dark and shined a light on paper targets, which could show images of bad guys or innocent bystanders.
The simulator uses four different scenarios: The domestic fight, a traffic stop, a fleeing shoplifter and a response to a convenience store robbery in which a clerk was shot.
Each scenario can unfold four different ways, so officers never know if they're going to have to shoot.
"If you need to swing your baton, swing it; if you need to draw your weapon, draw it," Gregory told Renna before starting a video.
The training sergeant critiques officers' performances, telling them what they did right and wrong, and asking questions.
"Why did you pull your baton?" Gregory asked Renna after a fleeing shoplifter stopped and turned in a fighting stance.
"Because he squared off on me," the officer replied.
In the convenience store robbery scenario, officers come across a man fitting the description of the gunman while searching through woods. After Renna shouted repeatedly for the man to get on the ground, he complied.
In a different outcome, the man pulls a gun.
The traffic stop scenario shows how even law-abiding people sometimes won't listen and unwittingly appear to be a menace.
In it, a man leaves his truck and continues to disregard the officer's commands to get back in, insisting he needs to show the officer something. He digs out a handgun from the truck, says he's licensed to have it, and approaches the officer with his fingers away from the trigger in a non-threatening way.
"We're going to do everything we can to keep people from putting us in a deadly-force situation," Gregory said.
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text: hello there fellow smokers. im fairly new to smoking just started this summer and fell in love with it. I decided to build a double drum smoker. just finished it yesterday and fired it up for the second time this morning. I was amazed at how I could control the temper ature at a consistant 225-250 degrees. it isn't painted yet but I kinda like the looks of it the way it is. if I had to do it over again id split the barrel in half.


text:
Listing Courtesy of Cathy Russell of The Russell Company
Listing information
- Stories: 0
- Lot Area: 0.64
- High School: Twin Lakes
- School District: Twin Lakes School Corp.
- Style: Land (Residential)
- New Construction: No
- Lot Size: 205x115x131
- Middle School: Roosevelt
- Body of Water: Lake Freeman
- Status: Active
- Foreclosure: No
- Estimated Annual Taxes: $20
- Elementary School: Meadowlawn
- Subdivision: Meadowbrook
Auction Y/N No
Can Property Be Divided? No
Curb Y/N No
DOCUMENTS AVAILABLE Association By-Laws, Building Restrictions
Easements No
ELECTRICITY TYPE Available
FUEL TYPE Available
LAKE TYPE Ski Lake
Leased Acres Y/N No
LOCATION Rural, Subdivision
OPTIONS Additional Land Available
Other Approx. Lot Size SqFt - 27997
PARCEL DESCRIPTION 0-2.9999, Lake, Level, Partially Wooded
Planned Unit Dev. Y/N Yes
Property SubType Residential Land
Rail Siding Y/N No
REO Y/N No
RESTRICTIONS Building Restrictions
Road Access County
Road Frontage County
Road Surface Paved
SEWER TYPE City
SIDE OF ROAD North
Structure/Bldg Imprvmnts No
TYPE USE Residential
Water Type Lake
WATER UTILITY Well Needed
Waterfront Y/N No
Listing Courtesy of Cathy Russell of The Russell Company


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Looking for something to do this weekend? Here are some options:
It's opening day at the San Diego County Fair! And the first Grandstand concert? Pat Benatar.
The San Diego DanceSport Ballroom Championship is kind of like "Dancing With the Stars," only with a little less drama.
Orale! Petco's Park at the Park turns into Margarita Park before the Padres take on the Nationals.
Influential 1970s punk band, X, returns to 4th & B tonight.
Or if you're feeling nostalgic for pop-punk . . .
You really should check out the Steam Powered Giraffe at Queen Bee's in North Park.
The Mainly Mozart Festival happens Friday and Saturday at the Balboa Theatre.
The 101st Festa do Espírito Santo is a three-day Portuguese Festival that happens in Point Loma.
Or if you prefer Baklava, The San Diego Greek Festival happens this weekend, too.
"American Beauty" screens at Cinema Under the Stars. Don't worry, they've got heaters.
Sherman Heights has free Latino Music Festival.
Or for a bit of money, you can see Marco Antonio Solis and Ana Gabriel at Cricket Amphitheatre.
Your dad doesn't want a barbecue book for Father's Day, he wants tickets to the John Prine and Peter Case show at Humphrey's.
It's Ray at Night night.
Have you been to Rancho Guajome Adobe County Park in Vista? It's pretty amazing. There's a festival on Saturday celebrating local history and the rancho lifestyle.
The second annual Philip Rivers 5K walk happens at Liberty Station's NTC Park.
Bruno Mars and Janelle Monae perform at the San Diego County Fair.
Show off your surf skills at the Revolt Summer Surf Series when it stops at the Ocean Beach Pier.
A chili cook-off, firemen and local beers. What's not to love?
It's Latin Cumbia Night at Grape Day Park in Escondido.
The Peace Corps hosts an "Around the World Expo" in Balboa Park.
See films created by young San Diegans at the Spring Youth Media Showcase.
See Steve McQueen in "Baby, the Rain Must Fall" at Cinema Under the Stars on Saturday and Sunday.
Espinoza Paz headlines the San Diego County Fair.
The House of Pacific Relations in Balboa Parks has a grand re-opening celebration for the House of Israel.
It's also House of Philippines turn to host the Lawn Program.


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Dining on Sacred Cow
Free Your Mind Instead
Given that this is the final installment of two years of Dining on Sacred Cow, I ought to be butchering a big one this week. But all that's genuinely worth flaying is too much to broadcast in a publication that will carry my name for the rest of my life—such is the world, and such is the reason why nobody ever takes profound risks on these pages; grant me that—and if you'd like to talk about dangerous things, we can do so more intimately.
Contrary to what I had wanted, this column has not become much of a shock generator. Despite my occasionally impish wish to upset people set in their ways, I strive painfully for nuance. I've talked about some quirky things, certainly—eating insects, fro-yo commerce, OKCupid/job application snafus, radical life extension—but it turns out that the real page turners are relatively boilerplate: affirmative action, the one percent, "the death of the humanities," hook-up culture, drone strikes. On such issues, wrote Ecclesiastes, nothing is new under the sun. I would any day rather aim for unique value-add—a near impossibility when debating abortion, gun control, et al—than for outrage.
Monomania: Now What?
The Poverty of Politics
As far as I knew for the longest time, politics was my first adult love, dominating lunch table conversations and bar mitzvah decorations, spurning my advances with the cold reality of the faraway voting age.
Have We Learned Nothing?
Since my last column on the Crimean crisis, the plot has thickened considerably: from where National Geographic stands, the dangling Black Sea peninsula has joined the likes of Taiwan, Kashmir and Cyprus as an 'Area of Special Status'. In terms of consequence to Eurasian politics and the U.S.-Russia bilateral relationship, Crimea has far outstripped Abkhazia or Transdniestria—marking the most glaring political geographic revision the Commonwealth of Independent States has seen since the end of the Cold War.
Fear of a Russian Planet
For us Gen Y-ers, children of America's "unipolar moment," it is nearly impossible to relate to the Cold War zeitgeist of desk drills, space races, and Daisy Girls. Except for some brief, frenzied moments in 2001-2, the jihadists lurking between the cracks of 21st century state authority have never seemed to threaten our collective existence; from where we stand today, the threat of Chinese ascendancy is distant and mostly economic.


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Comfort Inn Bay City
Select your stay dates to check availability at Comfort Inn Bay City
Comfort Inn Bay City
About the Hotel
Property Location
With a stay at Comfort Inn Bay City in Geelong, you'll be minutes from Old Geelong Gaol and close to Steampacket Gardens. This hotel is within close proximity of National Wool Museum and The Carousel.
Make yourself at home in one of the 18 air-conditioned rooms featuring refrigerators and LCD televisions. Wireless Internet access (surcharge) keeps you connected, and satellite programming is available for your entertainment. Private bathrooms with showers feature complimentary toiletries and hair dryers. Conveniences include coffee/tea makers and irons/ironing boards, and housekeeping is provided daily.
Enjoy a meal at a restaurant, or stay in and take advantage of the hotel's room service (during limited hours).
Business, Other Amenities
Featured amenities include dry cleaning/laundry services and luggage storage. Free self parking is available onsite.
Hotel Facilities
- Restaurant
- Luggage storage
- Total number of rooms - 18
- Number of floors - 2
- Free self parking
- Front desk (limited hours)
- Breakfast available (surcharge)
- Dry cleaning/laundry service
- WiFi (surcharge)
Room Facilities
- Rollaway/extra beds (surcharge)
- Daily housekeeping
- Refrigerator
- Premium TV channels
- Hair dryer
- Satellite TV service
- Free toiletries
- Private bathroom
- Coffee/tea maker
- Room service (limited hours)
- WiFi (surcharge)
- Air conditioning
- Shower only
- Iron/ironing board
Hotel Policy
National Rating
This property has been awarded a star rating from the Australian Star Ratings Agency, Star Ratings Australia.
The following fees and deposits are charged by the property at time of service, check-in, or check-out.
- Breakfast fee: AUD $10.00 per person (approximately)
- Fee for in-room wireless Internet: AUD $15.00 (for 12 hours, rates may vary)
- Fee for wireless Internet in public areas: AUD $15.00 (for 12 hours, rates may vary)
- Rollaway bed fee: AUD $35.00 per night
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North Africa and the Mideast are notoriously volatile regions, prone to periodic spasms of violence. One of those spasms claimed the life of one of our most skilled ambassadors to the region, J. Christopher Stevens. At 52, he was an Arabic-speaking veteran of two tours to Libya, including the tumultuous period in which the dictator Moammar Gadhafi was overthrown with U.S. backing, some of it no doubt coordinated by Stevens.
Stevens and three other U.S. embassy workers were killed by a mob while trying to assure the safety of the U.S. consular staff in Benghazi. The mob had been enraged by a film made by a California resident, Sam Bacile, whom the Associated Press says identifies himself as an Israeli. The film depicts Muhammad as a philanderer who tolerated child sexual abuse, with an "an amateur cast performing a wooden dialogue of insults disguised as revelations about Muhammad, whose obedient followers are presented as a cadre of goons," the AP says.
A trailer on the Internet set off riots in Libya and Egypt, where a mob attacked our embassy. Assuredly, the fallout from that ugly and intentional religious insult -- Bacile believes Islam is a "cancer" -- is not over.
American tradition and the Constitution obligate us to defend free speech, and Bacile is entitled to that protection, but they also allow the rest of us to hold him in the deepest contempt and to hold him deeply responsible for the deaths of our diplomats.
GOP presidential candidate Mitt Romney, who seems to have a recurring tin ear for foreign affairs, called it "disgraceful" that the Obama administration's "first response was not to condemn attacks on our diplomatic missions, but to sympathize with those who waged the attacks." Whether it was "disgraceful" is a matter of opinion, but the rest of the statement is simply not true; moreover, Romney said it on 9/11, when there was supposed to be a moratorium on political attacks. He doubled down on his criticism the next morning, violating two longstanding traditions: speaking before the president had responded to the killings and criticizing a sitting president in the midst of a foreign-policy crisis.
Tellingly, Romney got no support from Capitol Hill. According to The Washington Post, no Republican leader criticized President Barack Obama on Wednesday, instead calling for stronger security at U.S. diplomatic facilities, the swift capture of the perpetrators and a renewed commitment to pro-democracy efforts in the Arab world.
Libya assured the United Nations of its commitment to bring the killers to justice. And in a Rose Garden statement, Obama made that same statement, twice promising that "justice will be done." We trust that he'll see it is.


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Morning Ireland News Quiz
Relations between Angela Merkel and Barack Obama took a hammering this week amid reports that US secret services had bugged her mobile phone. Whether by design or coincidence, the numberplate on Chancellor Merkel's car seemed to reflect the situation, ending in:
President Michael D. Higgins was once refused admission to a country in Central America which he visited this week. Which country?
El Salvador
Dominican Republic
Taoiseach Enda Kenny spoke this week in the Seanad he had just tried to abolish. He told Senators he came:
In peace not in war
In humility not in regret
In hope not in recrimination
What bloom of jellyfish killed thousands of farmed salmon off Co Mayo in recent weeks?
Portuguese Man o' War
Mauve stinger
Cannonball jellyfish
Former Manchester United manager Alex Ferguson explains in his just-published autobiography why he got rid of Roy Keane. He wrote:
"He thought he was God almighty. He isn't."
"He thought he was the boss. He wasn't."
"He thought he was Peter Pan. Nobody is."


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RS 50,000 To 1,50,000 Ahmedabad, Ankleshwar, Bharuch, Jamnagar, Rajkot, Surat, Vadodara, Valsad, Vapi
"1) Lays out, positions, and secures parts and assemblies according to specifications, using straightedge, combination square, calipers, and ruler. 2) Tack-welds or welds components and assemblies, using electric, gas, arc, or other welding equipm...
Key Skills : welder,mig welder,arc welder,welding engineer,pipe welding,pipe fitter
Sales Engg - Coatings/ Mntnc &welding Products ( 2 - 6 yrs)
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My Client is a reputed manufacturer & importer & exporter of wear resistant,corrosion resistant,coatings,maintenance products,welding products etc catering to process industries like thermal and nuclear power, petrochemical, refineries, steel, paper...
Key Skills : industrial sales,key accounts,sales engineer,marketing engineer,business development engineer
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- Develop a good customer base - Responsible for sales and marketing to achieve set targets & to ensure complete order execution. - Focus on complete customer satisfaction - Co-ordination with the distributors - Make technical presentations, de...
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Key Skills : fabrication,erp,welding,co2 / mig,fabrication engineer
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The Author
Jack Daniel's Tennessee Honey Cocktails
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Ellis Island's Holiday Nog Now Available
November 21, 2017
William Grant & Sons Launches #RefuerzaLaVida and Donates $50K
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Redemption Whiskey Introduces The Ancients Collection
November 21, 2017
Easy to Mix Baileys Thanksgiving Cocktails
November 20, 2017
Meet Donovan Graves – Vice President of Sales for Zodiac Spirits
November 20, 2017
The Macallan Releases Exceptional Single Cask Range
November 20, 2017
Jameson The Blender's Dog Now Available in the U.S.
November 17, 2017
The Last Drop Distillers Launches 1971 Blended Scotch Whisky
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text: The winner of the World Series of Poker qualifier round at the Akwesasne Mohawk Casino is going to the big tournament in Las Vegas in July. Morrisonville native Edward Bouissey won the casino's poker tournament June 11. From left, Poker Manager Bryan Garrow and Ed Bouissey, WSOP qualifier. To read more about it, click here.


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by Christopher Freeburn | January 22, 2014 1:48 pm
[1]Google's (GOOG[2]) new high-tech headgear, Google Glass, hasn't hit retail shelves yet, but there is already a sex app in development[3].
Sex with Glass is the brainchild of Sherif Maktabi, a Lebanese student attending college in London. The app is aimed at allowing people wearing Google Glass to use the headgear's camera to stream live video of themselves — and their partners — while they get, ah, intimate, the Guardian notes.
With the app, Google Glass wearers will be able to stream their steamy encounters and share them with prurient-minded friends. Videos posted through the Google Glass app will be deleted within five hours, which is probably for the best.
The developers behind Sex with Glass don't want Google Glass owners to be the only people in on the fun. In February, the plan to launch an app for Apple's (AAPL[4]) iPhone.
Google Glass has already spurred concern among privacy advocates and legislators. Last year, members of Congress sent a letter to[5] Google co-founder Larry Page expressing their concerns about the impact of Google Glass on privacy.
Source URL: https://investorplace.com/2014/01/new-google-glass-sex-app-makes-headlines/
Short URL: http://invstplc.com/1nsm5mz
Copyright ©2017 InvestorPlace Media, LLC. All rights reserved. 700 Indian Springs Drive, Lancaster, PA 17601.


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Sherman Tissue
Found 10 Records, 5 Photos and 10,099 Family Trees
Born to Leonard M Tissue and Ida May Radabaugh. Sherman married Catherine.
Family Members
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Simply start with yourself and we'll do the searching for you.
Potential photos and documents for Sherman TissueView All 5 Images
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Surname meaning for "Tissue"
Altered form of French


text:
Honeywell Process Solutions announced in June that it had been selected by Suncor Energy to provide automation systems for the multibillion-dollar Fort Hills Oil Sands project in Alberta, Canada. Honeywell will supply technology to integrate the site's control and safety systems, manage alarms, and provide advanced simulation software that enables critical operations planning and operator training.
As the Main Automation Contractor (MAC), Honeywell said it will play a key role in helping the facility achieve its future productivity and operational efficiency goals. The facility is expected to be operational in late 2017.
Honeywell Process Solutions' automation contract for the Fort Hills project will include process control software, safety systems, alarm management and advanced simulation software.
"Honeywell has the expertise to fully integrate this project's assets, from monitors and sensors in the field, to system controls, to planning and logistics," said Frank Whitsura, vice president, Honeywell Process Solutions. "Suncor will also be able to use our innovative technology to run a wide range of simulations that will help maximize the efficiency of the operations."
In a related development, Edmonton, Canada-based Aecon Group announced that it was awarded a mining contract with an estimated value of $123 million by Fort Hills Energy L.P. for mine-site development at the Fort Hills project. Work under the contract was expected to start soon and is projected to be complete in the second quarter of 2016. No additional details of the contract were provided.
Site construction at Fort Hills began in 2008 at which time Ledcor, a diversified construction and mining services company, was awarded a contract to install pilings for the project's wastewater treatment plant. Construction resumed in April 2012 after the project was put on hold in 2008. Ledcor said it also has provided pipeline and conduits, mechanical, civil, structural and architectural, electrical, and instrumentation services for the early works site infrastructure build out, which included raw water intake, water treatment and wastewater treatment plants, natural gas conditioning, electrical power distribution system, utility pipelines, and fiber optics.


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Vauxhall Tigra (2004 - 2009) Rivals
The 207 CC is a stylish and well equipped small convertible that won't leave you cold in the winter. It uses a fully automatic metal folding roof with no levers or catches to release, so at the push of a button it's a convertible 25 seconds later. Its predecessor, the 206 CC, was plagued with roof problems on early models and lacked refinement. read more
- Stylish interior
- Good to drive
- Available with a refined diesel engine
- Smooth ride
- Air con standard
- Pointless rear seats
- Hard to get luggage out of the boot when roof is down
- Slack manual gearbox
The fun 'n' funky StreetKa was the first truly desirable Ford for years – even if this supermini roadster uses an updated version of an elderly Fiesta engine. It looks chic, handles precisely and has an excellent ride: all the style of an Audi TT without the price tag. read more
There's no shortage of small convertibles on the market, but while the Micra C+C may not be the sportiest choice, it still has a lot going for it. Well built, comfortable and affordable to run, it's a drop top that appeals to the head as well as the heart. It does lose some of the cuteness of the standard Micra hatchback, but it's as easy to drive... read more
Good build quality, easy to drive, affordable running costs, neat electric roof
Pointless back seats, no diesel option available, cramped driving position


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Did you notice how Shelby lives in a house, just like the characters from Season 1? Or how the people in My Roanoke Nightmare are scared a lot, just like the asylum inmates in Season 2?
When series creator Ryan Murphy first revealed that each season of American Horror Story is officially connected, he probably didn't realise quite what he'd let himself in for. This single comment opened the floodgates to wild speculation across the worldwide web. However, for every ridiculous connection that audiences have desperately tried to piece together, there's a number of fan theories out there that use real evidence to back their claims.
Whether you believe that Shelby could in fact be a witch from Coven or that every season is linked by unseen documentarians, we know that links exist; Murphy himself confirmed this once again last week by revealing that My Roanoke Nightmare will explore the backstory of Freakshow's Dandy and now Episode 3 has unveiled a genuine connection to Season 5's Hotel, which could even signal the return of Lady Gaga's Countess in Season 6.
How Does My Roanoke Nightmare Link To American Horror Story: Hotel?
While everyone was distracted by finally seeing the people who work behind the cameras in the talking head segments, Lee recounted a shocking revelation from her youth which the documentary filmmakers asked her to elaborate on in further detail.
This was all prompted by the psychic medium, Cricket Marlow, who whispered a message to Lee from her first daughter.
"Emily says hello. She wonders why you quit looking for her all those years ago."
After some prodding, Lee reveals that she'd given birth to a child called Emily years before Flora was conceived. Unfortunately though, Lee's first daughter disappeared at the age of 4 after she was foolishly left alone in a car for five minutes.
What Does This Have To Do With Lady Gaga's Countess?
Lee's revelation was extremely powerful thanks to Adina Porter's gut-wrenching performance — and the implications that arose in connection with the disappearance of her second daughter were rather chilling. However, aside from a spot of negligence, we're absolutely certain that Lee had nothing to do with the disappearance of Emily, her first daughter, and here's why.
In Season 5, John Lowe's family was ripped apart in the aftermath of his son's abduction, which was repeatedly referred back to in painful flashbacks that haunted the police detective in each episode. As the season progressed, we eventually discovered that Lady Gaga's Countess was the one who kidnapped Holden from the Santa Monica amusement park, and was now raising him as one of her vampire children.
Check out more messed up moments from American Horror Story in the clip below:
It seems strange that the story of Emily wasn't referred to again after Lee recounted her tale, which suggests that her kidnapping will come into play more in future episodes. While the initial focus will likely revolve around how this could impact Lee's chances of evading prison time in the present, it's not much of a stretch to imagine that a supernatural force was involved somehow in Emily's disappearance. The parallels between this abduction and Holden's kidnapping are too clear to ignore, suggesting that the Countess could somehow make a grand return in Season 6.
Does This Mean Lady Gaga's Countess Will Appear In My Nightmare Roanoke?
Lady Gaga may have already appeared as another character in My Roanoke Nightmare, engaging in arcane rituals and freaky forest sex, but there's nothing stopping her from revisiting the role of the Countess too.
Some of the American Horror Story alumni have played multiple characters in one episode before, most notably when psychic Billie Dean Howard met Hypodermic Sally in American Horror Story: Hotel, so it would be easy for the Countess to return in a logistical sense.
Did Emily become a white-haired vampire like Holden thanks to the Countess?:
The main issue here is that Gaga's character died at the end of Season 5 and became trapped forever as a ghost in the Hotel Cortez. How the various timelines of each season connect hasn't been revealed yet, but it would be easy to feature the Countess in flashbacks at the very least, revealing how she first kidnapped Lee's daughter, Emily, without having to necessarily include her in the present day too.
See also:
- Fan Theory: 'American Horror Story: My Roanoke Nightmare' Is Directly Connected To Every Season
- American Horror Story Season 6: The True Story Behind Those Evil Nurses
- 'My Roanoke Nightmare' And 'American Horror Story: Freak Show' Are Directly Connected
As we're still only three episodes into My Roanoke Nightmare, it's unclear how important Emily's disappearance will be in the grand scheme of things. However, Murphy has repeatedly emphasised that children will play a pivotal role in Season 6 and we couldn't think of anyone better to reappear than the Countess, whose role in American Horror Story: Hotel won an Emmy for Lady Gaga.


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Final: Devils 3, Bruins 2
All done in Newark. Devils, 3-2. Chris Kelly with the late goal. Bruins conclude 2010-11 with a 47-24-11 record.
"Just one of those games where you're glad it's out of the way," said Claude Julien. "No injuries. Now really put our focus on getting ready for the playoffs."
14:32 3d period: Devils 3-1
Johan Hedberg gloves Milan Lucic's slap shot. NJ playing hard to the end.
9:10 3d period: Devils 3-1
Alex Urbom with the wraparound goal. Nice setup by Jacob Josefson.
4:00 3d period: Devils 2-1
Vladimir Zharkov goes high glove on Tuukka Rask. Quick counter by the Devils.
20:00 2d period: 1-1
Twenty minutes remain in the regular season. Or maybe more? Say it ain't so…
13:14 2d period: 1-1
Highlight save by Tuukka Rask on David Clarkson. Old-school pad stack. Gets the left pillow on Clarkson's bid.
1:05 2d period: 1-1
Johnny Boychuk takes a hard lick into the end wall. Limping slightly and favoring right leg. On the bench now.
20:00 1st period: 1-1
Forty minutes to go. Don't think anybody in the building wants to see things remain tied up.
17:01 1st period: 1-1
Tyler Seguin off for an offensive-zone tripping penalty after Anssi Salmela muscles him off the puck. Selfish.
10:04 1st period: 1-1
Rich Peverley raps in rebound of Dennis Seidenberg one-timer. Peverley had dinged the crossbar on previous shift.
7:58 1st period: Devils 1-0
Fourth line draws a tripping penalty. Hard hats continue to click.
1:47 1st period: Devils 1-0
Patrik Elias with the net-front goal high glove. Johnny Boychuk can't settle a puck near his chest, which leads to the turnover.
0:00 1st period: 0-0
Shane Hnidy and Tyler Seguin in. Miller Time for Zdeno Chara and Mark Recchi.