1. Quarter 1

2.  Electronic Division  CD Division  Electronic Instruments Division

3. OPPORTUNITIES  Pent-up demand  Lower Tariffs  Lower interest rates CHALLENGES  Increasing competition  Higher freight codes  Materials shortages

4. High Customer Satisfaction Introductions of New Technologies Increase Sales Worldwide Imported Electronic Instrument Division Launched

5.  Primary Goal = Become Worldwide Leader

6.  Record Earnings  Revenues increased 54%  International sales heading sales growth  Revenues per employee to exceed $150K  Rising Competition  Emerging Markets Yield Biggest Payoff

7.  Primary Goal = Increase Gross Margin

8.  Gross Margin up by 4%

10.  Berlin  Buenos Aires  Nairobi  New York  Tokyo