Executives John Ambroseo - President and CEOHelene Simonet - CFOAnalysts Jiwon Lee - Sidoti & CompanyJohn TorellOperator Good day, ladies and gentlemen, and welcome to the Coherent first quarter 2008 financial earnings results conference call, hosted by Coherent, Incorporated. At this time, all participants are in a listen-only mode. At the conclusion of our prepared remarks, we will conduct a question-and-answer session. (Operator Instructions)I would now like to introduce your host for today's conference call, the Chief Financial Officer of Coherent, Helene Simonet. You may begin your conference.Helene Simonet Good afternoon and welcome to our fiscal 2008 first quarter conference call. On today's call, I will provide financial information and John Ambroseo, our President and CEO will provide a business overview.Let me first give you an update with respect to our SEC filings. Last week on February 6th, we filed our fiscal 2007 Form 10-K and today, we filed our first quarter fiscal 2008 Form 10-Q. We have now completed all the required SEC filings and we're pleased to announce that company will be re-listed on the NASDAQ Global Select Market effective with the opening of trading on Thursday, February 14, 2008.As a reminder, any guidance and any statements in today's conference call pertaining to future plans, events, or performance are forward-looking statements that involve risks and uncertainties and actual results may differ significantly. We encourage you to refer to the risk disclosures described in the company's report on Form 10-K, 10-Q and 8K as applicable and as filed from time-to-time by the Company. The Company does not undertake any obligations to update these statements as a result of events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. The full text of today's prepared remarks which will include references to historical bookings and sales…