Matt Sheerin (Thomas Weisel Partners): You have confidence that you are going to see an increase in margins and in revenue, and yet just a quarter ago your guidance for the year was a lot higher than it is now. What gives you confidence or what are you seeing from your customers that gives you more confidence in another quarter out here?

Timothy L. Main: We are conservative, just based on what has happened over the last 90 days. There are contributions in the fourth quarter from new customer programs and new programs that are ramping, so we have that going forward for us, as well as the existing business. We provided a range and that range hopefully will accommodate additional softening, should that take place. We feel confident about the third quarter and in the fourth, if that top line comes through at about the $3.2 billion level, there is no doubt that we will see significant improvement in profitability in that quarter.

Forbes I.J. Alexander: What you will see there, in the midpoint of the guidance, what that is implying is an operating income level around about 3.4%, 3.5% in our fourth quarter. Even though we have seen this substantial 7% revenue fall-off in the back half of the year, with that leverage coming in, it will drive that operating income back up into the mid teens. In our first fiscal quarter, we were around about 3.6%, so with that revenue coming back in, leverage in the cost base, we feel good about that and we can continue to drive that back on up as we move into fiscal year 2009.

Matt Sheerin (Thomas Weisel Partners): You have seen stabilization on mobility. Are you gaining traction or getting any leverage with Taiwan Green Point in terms of cross-selling and opportunities for some volume business for some of their customers?

Timothy L. Main: Yes, we do not have anything specific to talk about today but we are seeing some definite synergy there.

Steven Fox (Merrill Lynch): On the display business, are you confident that it is mainly related to TV, there is not any market share loss going on at your largest customer, and that you still have a bulk of business that is ramping in say the second half of the calendar year?

Timothy L. Main: Our business with our largest customer in the displays area in fiscal 2008 will be above fiscal 2007.

Steven Fox (Merrill Lynch): Are the $750 million of new wins in addition to what you have already had in your book of business prior to this quarter?

Timothy L. Main: Those wins have occurred over the last couple of quarters. They are business that will not ramp though until late this fiscal year and early in fiscal 2009. They are contributions to our fiscal 2009 year.

Sean Hannan (Needham & Company): When you saw some of the changes to your order forecast, was this a consistent progression that you saw once it began, or was this more of a downward step function and a softer outlook sustained from there?

Timothy L. Main: If you looked at week to week, it is a gradual progression but most of the reduction occurred in a period of 30 to 45 days, so it depends on your point of view. If you look close enough, if you are micro, week to week, it was a steady decline.

Sean Hannan (Needham & Company): The lower end your prior guidance was stated as factoring some recessionary pressures. Is that correct?

Timothy L. Main: That is correct.

Sean Hannan (Needham & Company): With this 7% decline and most of this being attributed to telecom and displays, you are seeing some broad-based weakness in some of your other areas, is there a way that you can provide color in walking through these different sectors specifically?

Timothy L. Main: Looking at half-year guidance, from changes from the previous guidance, automotive is down 3% to 5%. Instrumentation and medical is down about 5%. Our military business is steady. Networking business is down and peripherals and some other areas of consumer down around 4%, 5%. It is every sector, with the exception of computer and storage. After market services is consistent.

Sean Hannan (Needham & Company): How the business that you have taken on with Nokia Siemens is playing out from an expectation standpoint today versus when you first took on the business?

Timothy L. Main: I think expectations are in line. It might be lighter than what we originally expected.

Sean Hannan (Needham & Company): The guidance for the networking sector is better than thought. Can you give commentary there in terms of is that also performing better than the overall market, like computing and storage?

Forbes I.J. Alexander: Our networking guidance is consistent. It is more than our previous expectations but we are seeing some consistent demand patterns and schedule patterns from our customer base.

Sean Hannan (Needham & Company): You saw a slowdown starting in February. What do you think your visibility is in terms of the orders that you have in place now?