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TableofContents
benegativelyaffected,whichcouldadverselyaffectourabilitytorefinanceexistingdebtorraiseadditionalcapital.
Inaddition,ourbusinessmaynotgeneratecashflowinanamountsufficienttoenableustopaytheprincipalof,orintereston,ourindebtednessortofundour
otherliquidityneeds,includingworkingcapital,capitalexpenditures,productdevelopmentefforts,strategicacquisitions,investmentsandalliancesandother
generalcorporaterequirements.
Ourabilitytogeneratecashissubjecttogeneraleconomic,financial,competitive,legislative,regulatoryandotherfactorsthatarebeyondourcontrol.We
cannotassureyouthat:
•ourbusinesswillgeneratesufficientcashflowfromoperations;
•wewillcontinuetorealizethecostsavings,revenuegrowthandoperatingimprovementsthatresultfromtheexecutionofourlong-termstrategic
plan;or
•futuresourcesoffundingwillbeavailabletousinamountssufficienttoenableustofundourliquidityneeds.
Ifwecannotfundourliquidityneeds,wewillhavetotakeactionssuchasreducingordelayingcapitalexpenditures,productdevelopmentefforts,strategic
acquisitions,investmentsandalliances,andothergeneralcorporaterequirements.Wecannotassureyouthatanyoftheseremediescould,ifnecessary,beeffected
oncommerciallyreasonableterms,oratall,orthattheywouldpermitustomeetourscheduleddebtserviceobligations.Inadditionifweincuradditionaldebt,the
risksassociatedwithoursubstantialleverage,includingtheriskthatwewillbeunabletoserviceourdebtorgenerateenoughcashflowtofundourliquidityneeds,
couldintensify.
Thepriceofourordinarysharesmaybevolatileandcoulddeclinesignificantly.
Thestockmarket,ingeneral,andthemarketfortechnologystocksinparticular,hasrecentlyexperiencedvolatilitythathasoftenbeenunrelatedtothe
operatingperformanceofcompanies.Ifthesemarketorindustry-basedfluctuationscontinue,thetradingpriceofourordinarysharescoulddeclinesignificantly
independentofouractualoperatingperformance,andyoucouldloseallorasubstantialpartofyourinvestment.Themarketpriceofourordinarysharescould
fluctuatesignificantlyinresponsetoseveralfactors,includingamongothers:
•generaluncertaintyinstockmarketconditionsoccasionedbyglobaleconomicconditions,negativefinancialnewsandthecontinuedinstabilityof
severallargefinancialinstitutions;
•actualoranticipatedvariationsinourresultsofoperations;
•announcementsofinnovations,newproductsorsignificantpricereductionsbyusorourcompetitors,includingthosecompetitorswhooffer
alternativestoragetechnologysolutions;
•ourfailuretomeettheperformanceestimatesofinvestmentresearchanalysts;
•thetimingofannouncementsbyusorourcompetitorsofsignificantcontractsoracquisitions;
•generalstockmarketconditions;
•theoccurrenceofmajorcatastrophicevents;
•changesinfinancialestimatesbyinvestmentresearchanalysts;
•changesinthecreditratingsofourindebtednessbyratingagencies;and
•thesaleofourordinarysharesheldbycertainequityinvestorsormembersofmanagement.
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