
| NOTES - slide #8
The new strategy assumes the same total project commitment of 17 concurrent projects. Initially, at least this implies no major changes in the costs of supporting our research laboratories. In detail, the objective is to achieve a mixture of different project risk levels which comes close to the suggested 15,1,1 strategy. In fact we will avoid much of the risk of severe loss of profits when we achieve a level of about 9 or 10 high risk projects, while we should strive for 15 in order to enhance our earnings potential from research. |