Outlook for pre-publication investments
3Q 2006: $64.3 million, compared to $66.6 million in same period last year
2006: Expect $300 million
- Investment driven mainly for products we are currently developing to realize significant opportunities in el-hi market in 2007, 2008, and 2009
- Reduction from $315 million estimate is driven by continued efficiencies, technology, and global sourcing