Cobra 2002 Annual Report Download - page 6
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Please find page 6 of the 2002 Cobra annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.4 COBRAELECTRONICSCORPORATION
2002ANNUALREPORT 5
ATimeForLeadership
Despiteafragileeconomyandnumerousotherexternal
challengesfacingCobrain2002,thecompanyremained
focusedonthesuccessfactorsthatwillenhance
shareholdervalueoverthelongterm.Cobrastrengthened
itsleadershippositionineachofitsmarkets,continued
itsproudtraditionofproductinnovation,expandedits
powerfulretailpresence,andplayedanincreasinglyvital
roleinitsconsumers’lifestyles.
ThepastyearsawCobrabuildonitsclear
leadershipoftheRadarDetectionand
CitizensBandRadiomarkets.The
companydemonstratedasignicant
competitiveedgeinitsabilitytoanticipate
andrespondtotheFCC’sunprecedented
decisiontoregulateradardetector
emissionsfrequencies.Thisagilityplayed
acriticalroleinminimizingtheimpact
onthecompany’ssalesandmargins,
particularlyinlightoftheextremelyshort
periodtheindustrywasgiventomake
allofitsproductscompliantwiththenew
regulations.
OperatingReview