Linear Technology Corp. (LLTC) F3Q10 (Qtr End 27/06/10) Earnings Call July 21, 2010 11:30 am ET Executives Paul Coghlan - Chief Financial Officer, Vice President - Finance Lothar Maier - CEO Analysts Jim Covello - Goldman Sachs Tore Svanberg - Stifel Nicholas Doug Freedman - Gleacher & Company Gus Richard - Piper Jaffray Ross Seymore - Deutsche Bank Securities John Pitzer - Credit Suisse Steve Smigie - Raymond James Chris Caso - Susquehanna Financial Group Christopher Danely - JPMorgan David Wong - Wells Fargo Craig Ellis - Caris & Company Blayne Curtis - Jefferies & Co. David Wu - GC Research Shawn Webster - Macquarie Capital Tim Luke - Barclays Capital Ambrish Srivastava - BMO Capital Markets Paul Leming - Soleil Securities Uche Orji - UBS Craig Berger - FBR Capital Markets Terence Whalen - Citigroup PresentationOperator
Good day everyone and welcome to the Linear Technology Corporation Fiscal 2010 Fourth Quarter Earnings Conference Call. Today ’s conference is being recorded. At this time, for opening remarks and introductions I would like to turn the call over to Mr. Paul Coghlan, Chief Financial Officer. Please go ahead. Paul Coghlan Hello. Good morning everyone. I am joined today on the call with Lothar Maier, our CEO and Bob Swanson, our Executive Chairman. Welcome to our call. I will give you a brief overview of our recently completed fourth quarter and 2010 fiscal year. And then address the current business climate. We will then open up the conference call to questions to be directed at Bob, Lothar or myself. I trust you ’ve all seen copies of our press release, which was published last night. First however, I would like to remind you, that except for historical information, the matters we will be describing this morning will be forward looking statements, that are dependent on certain risks and uncertainties, including such factors among others as new orders received and shipped during the quarter, the timing and introduction of new processes and products and general conditions in the world economy and financial markets. In addition to these risks, which we described in our press release issued yesterday, we refer you to the risk factors listed in the company ’s Form 10-Q for the quarter ended March 28, 2010 particularly management discussion and analysis of financial condition and results of operation. Secondly, SEC Regulation FD, regarding selective disclosure, influences our interaction with investors. We have opened up this conference call to enable all interested investors to listen in. The press release and this conference call will be our forum to respond to questions, regarding our estimated financial performance going forward.