SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: JoeinIowa who wrote (22470)11/28/2000 7:07:47 PM
From: JoeinIowa  Respond to of 29382
 
I found this on the Yahoo thread for RDRT. Looks like an internal letter from their CEO. Now if someone can tell me what this means in dollars ands sense and why you would be excited with a 40% yield we would both be smarter. SATLOL.

Joe

The following message is being sent on behalf of Alan Lowe

Team:

At the Management meeting early this month, I indicated that our plan for profit this quarter revolved around several goals:

Yields, Yields, Yields!
Volume
Pricing
Cost Reductions (mostly tied to yields)

I am happy to update you all on the fact that last week's overall yields exceeded our quarterly goal of 40%. Last week we achieved 40.66%, yield --- A GMR RECORD --- and produced over 2.1 million heads.

I wanted to pass along this excellent news and wanted to say thank you to all of you who contributed to this significant accomplishment. (Perhaps it is time to raise the goals!!!)

Thank you all again, and have a great Thanksgiving Holiday.

Best Regards,

Alan