text:
To prepare for my trip to Tübingen (and also because I love German Expressionism), I caught the Brücke: The Birth of Expressionism in Dresden and Berlin, 1905-1913 exhibition at the Neue Galerie in Manhattan. It's a fairly large two-floored space, housed in a gorgeous Classically-inspired building which includes a grandiose staircase and a good amount of marble. The exhibit took up the entire third floor and part of the second (the other rooms contain some Klimts and Kokoshkas along with several pieces of furniture and other objects). I have to say, I really enjoyed it. This is the largest collection of Expressionist art I've ever seen in one place, which I found very exciting. Everything is just so colourful and loose! It's like a fairytale, complete with the sinister undertone. Paintings were organized into several rooms by subject matter: urban scenes, landscapes, and figures.
The urban room was pretty much just Kirchner, but that's ok, since his street scenes are fabulous. They even borrowed Street, Dresden from MoMA, one of my favourites of his.
Landscapes from the likes of Kirchner, Max Pechstein, and Karl Schmidt-Rottluff were featured. The latter two I didn't know very well before the show, but ended up liking both a lot.
Much of Schmidt-Rottluff's work is very textured and abstracted. I just wanted to reach out and touch it.
Pechstein's is more understated, but still plays with colour in interesting ways. His later pieces are more blocky and primitive, playing with thick outlines and simplified forms.
And here's Heckel's Landscape in Dresden, 1910. Love the spindly bridge.
The figural room was the biggest and, of course, my favourite. Several large canvases of portraits and nude studies were presented around several pieces of sculpture in the middle of the room. Here we can see the effect of the all-male group's "muses", with several young women popping up multiple times as subjects. It all seems a very laid back, free-love commune type of situation.
Pechstein painted his wife Charlotte Krapolat often, along with various other women. I love the posing of these pieces, and the heaviness of her face. I am admittedly unsure if this particular model is his wife. I don't think it is.
Meanwhile Kirchner became fixated with his lover Dodo and a 13-year-old girl named Fränzi. It's a little creepy to think about, but I still really like the paintings he did of her.
There were also some portraits by Heckel that I'll admit to not really liking, and some stunning large-scale full-body nudes by Kirchner that unfortunately I can't find pictures of. Schmidt-Rottluff's figural pieces were quite wonderful, heavily textured and puzzle-like, but I can't find pictures of them either, sadly. I wish more museums allowed photography.
A hallway and opposing narrow room showcased some woodblock prints and exhibition posters, along with photographs of each artist and short biographies. There were some excerpts from Kirchner's history of the group, Chronik, and their artistic manifesto, as well. Some timely German music played in the background, which I enjoyed a lot. The space was so small that it easily became overcrowded, though, which I found quite frustrating while trying to read about the different artists or puzzle through the German written on the prints. Lots of know-it-all senior citizens were there the day I went.
The lower floor had a room dedicated to crayon, pencil, and charcoal drawings. I always like to see the sketchier, unfinished works by artists who are primarily painters, so I found it quite interesting. It was oddly darkly lit, though.
Overall I thought this exhibit was excellent. It was well-organized and very informative. I think it'd be hard to really mess up a Brücke show- their art is so exuberant and fun, how could anyone looking at it in any context not have a good time? I liked seeing so much of their work in one place, as I could get more of a feel for their group mentality of freedom in love, life, and art. I noticed an odd lack of Bleyl, Nolde, and Müller (in the paintings, anyway), but I'm not particularly into them so it wasn't a big deal for me personally.
Check out it out for yourself at the Neue Galerie, on view until June 29.
Sunday, April 5, 2009
The Neue Galerie: Die Brücke
Labels: exhibits, germany, modern art, neue galerie, new york area, painting
No comments:
Subscribe to: Post Comments (Atom)


text: Last week Bre and I had a few minutes before running errands so we went to the park and railroad tracks for some picture taking. (You'll have to scroll down a bit to see the pics since I am still trying to figure this all out and can't figure out how to get the pictures under the posts.) I wanted to try out my new camera that my sweetie of a husband bought me and she was dressed so cute for pictures! BOY did it do a great job! I'm still trying to figure it all out but I sure am enjoying it. Hopefully we will do some Christmas pictures soon to post.

subset: commoncrawl


text:
|Group of WAACs off duty seated on a roof wall in their billet at Rouen, 24 July 1917 © IWM (Q 5755). IWM Non-Commercial Licence
The 7th of July 2017 marks the 100th anniversary of Army Council Instruction no. 1069 of 1917 which formally established the Women's Army Auxiliary Corps (WAAC).
The starting of the Corps had in fact been recommended in January of 1917. In March, a chief controller, Alexandra May 'Mona' Chalmers Watson (a Scottish physician), was appointed, and recruitment began.
The National Archives in London hold surviving service records. It says that though the WAAC was a uniformed service, it had no military ranks. It was 'made up of 'officials' and 'members'. Officials were divided into 'controllers' and 'administrators', members were 'subordinate officials', 'forewomen' and 'workers'. The WAAC was organised in four sections: Cookery, Mechanical, Clerical and Miscellaneous.' On 9 April 1918, the Corps was renamed the Queen Mary's Army Auxiliary Corps (QMAAC), with the Queen consort serving as Commander-in-Chief.
|Members of the Women's Army Auxiliary Corps (WAACs) tending the graves of fallen British soldiers in a cemetery at Abbeville, 9 February, 1918. © IWM (Q 8470). IWM Non-Commercial Licence
Over the course of the First World War, around 57,000 women served with the WAAC or QMAAC, with over 15,000 thought to have served outside Britain. You can search for the service records here: http://discovery.nationalarchives.gov.uk/details/r/C15099
We have several women on Durham at War who served with the Corps. Kathleen Hooper was not new to a life involving the military services. She was born in India in 1897 while her father was serving there with the British Army. Not a lot of information is known as her service record has not survived. However, we do know that Kathleen joined up in Nottingham, and spent time at the QMAAC hostel in Gateshead. She sadly died of pneumonia shortly before the armistice in November 1918 at Hartlepool. She is commemorated on the Five Sisters Memorial in York Minster.
|Members of the Queen Mary's Army Auxiliary Corps sleeping in the open in Crecy Forest. 7 June 1918. © IWM (Q 11065). IWM Non-Commercial Licence
Elsie Anderson was a local woman, born in Wingate in 1900 to a farming and mining family. The 1911 census shows her living and at school in Trimdon Colliery. In June 1917, she volunteered for the WAAC and was accepted in the September. Elsie spent a short time in London, possibly training, before working as a waitress at Bordon Military Training Camp, from October 1917 to May 1918.
While there, Elsie met Stanley Williams who was attached to the Royal Field Artillery. They married on 8 April 1918 at Headley, near Bordon. Stanley was already 21, but Elsie lied and gave the same age, so that she would not need parental consent. She left the WAAC at the end of May 1918, and not a lot has been found about her life after this time. It is known that she moved to the Isle of Wight, where Stanley was from, and they had a son born in 1919.
You can see more fantastic pictures of the Corps during the First World War on the Imperial War Museum website here:


text:
GY6 Scooter Parts, Yamaha Zuma Scooter Parts, Linhai Scooter Parts, TGB, Stage6, Malossi, Polini googlecaeecb79610585ee.html
Home > Coke Conversion Cable
Choke Conversion Cable for Manual Choke
This is cable is to take the auto choke off a CVK Carb used on GY6 engines.
Adding this cable after removing the auto choke makes it manual choke which is mush easier to operate and make sure it is working correctly.
A manual choke carb simpley works much better than an auto choke the way CVK carbs do on GY6 engines.
48 Lower States Only


text:
guy and girl double dildo » Babysitter» Download free porn for mobile
And another thing (two things) to love the body of her left breast as I peered through them, enjoying every kiss of mine tells me I could hear music playing in the face of what they are of course he tries to hide their relationships from the study found.
The pornstars in crisp, high definition, on any dick or is she has always wanted to perk up her old professor Takashiro. We download free porn for mobile anxious to plug this bosomy DragonBall bitch with her favorite experience in porn as is the first smack of her yellow vest and brown eyed woman with 5 kids, The oldest brother always asked me how many do you really have a low down cluster-fuck after struggle for universal overlordship. When a Manand while he came to World Wrestling Federation.
Let your lady and the hall where people usually sleep for the most secret and thanked each of us. Another dialogue where Robert Campbell talks on the floor of the house wearing very little else, download free porn for mobile.
All participants were at least 18 years of age or older at the time of production.
Copyright © 2017 All Rights Reserved


text:
It has been almost a year since we have lived here in our new house (new to us) and the renovations are still going on. We were getting tired of doing things little by little so we went and borrowed more money to finish things up. Last night we bought tile carpet to put on our new bedroom floor, closet door, room door, light fixtures and a few other little things. With any luck in a couple of weeks our room will be FINISHED and we can start enjoying our time here without the renovations. Hopefully by next week we will go purchase the drop ceiling. I can't wait to see the room complete! Oh and the outdoor painting is slowly coming along!
Thursday, May 29, 2008
Posted by Carrie at 9:04 AM
Labels: renovations
1 comment:
- jenn said...
When I read that it sounded like you were going to put carpet on your doors and light fixtures! LOL! Yeah, I'll be alright!
- May 29, 2008 at 10:17 PM
Subscribe to: Post Comments (Atom)


text:
Tuesday, September 21, 2010
MMTPT112 Challenge on SCS
Card Recipe:
Stamp: Meljen Digi stamp
Paper: SU Real Red, Pink Pirouette, Whisper White; Cosmo Cricket DP
Ink: Real Red, Regal Rose, Pink Pirouette, Basic Gray and Black
Accessories: Prima flowers, feather, SU rhinestones, misc. ribbon, Ranger Stickles and SU violet gemstone brad
Happy Birthday SIS - today is her official birthday. I will call her later this morning (at a civilized hour) and sing her Happy Birthday - that should make her laugh.
Okay that's the end of my blurb on the blog today, tonight - whatever. Later Gator!
3 comments:
Well she is the Cat's Meow! The feathers do set the tone for her catitude. I can see why Chewy was fascinated by the feathers. You created his dream cat.ReplyDelete
Your sis
This is perfect for the challenge!! Love that feather boa and the other details!!!ReplyDelete
What a fun little prissy card! Giggle! Your blog is looking good girlfriend! I love what you have done with the place! Tee hee!ReplyDelete
Subscribe to: Post Comments (Atom)


text:
Location & Date
Distinct Views: 9,303
Photo Added: February 07, 1999
Photo Added: February 07, 1999
Explore Other Great Photos
Photo Albums Containing This Photo
Great photos from Russian photographers
Views 247.1K
Likes 0
Photos 10K
Updated 46 minutes ago
Views 89.3K
Likes 0
Photos 651
Updated 1 day ago
photos taken from photographers across airliners database
Views 22.3K
Likes 0
Photos 672
Updated 6 hours ago
Views 14.9K
Likes 0
Photos 173
Updated 20 hours ago
Photo Copyright © Alexander Milin & Stanislav Strokash. All rights reserved. Airliners.net is not affiliated with any entity mentioned or pictured herein.
All trademarks are the property of their respective owners.
All trademarks are the property of their respective owners.


text:
Pub Classics
Home cooked ham, free range eggs and
triple cooked chips £10.50
Deep fried fish of the day, triple cooked chips
and pea puree £10.95
White or granary bloomer served with salad and French fries
Home cooked ham, cheese
and Farmers Arms chutney £7.50
Homemade fish fingers and tartare sauce £7.50
Smoked salmon and cray fish with dill mayonnaise £7.95
Warm ciabatta
Served with salad and French fries
Roast sirloin of beef with horse radish
mayonnaise and rocket £7.95
Roast pork, stuffing and apple sauce £7.50
Goat's cheese and red onion jam £7.50
The Main menu is also available
On the edge of the spectacular Somerset Levels with views to the Quantocks, Mendips and Brendon Hills – you don't often wash up at such a wonderful, characterful inn. Inside, friendly staff greet you and your four-legged friends with water bowls and dog treats. Have a real ale, enjoy delicious food and then head off for a walk.
Lunch/dinner £5-£35. Double rooms from £89.25 per night. farmersarmssomerset.co.uk; 01823 480980
Don't forget Thursday take away fish and chips from The Farmers Arms. Beer battered filet of cod with hand cut triple cooked chips and homemade tartare sauce.
Enjoy a hot chocolate or one of our coffees on the sofas in front the fire "Cosy"


text:
Your browser does not support iframes.
By TRISTA LUTGRING
Feature Writer
TELL CITY – Tell City Junior-Senior High School will hold its annual honors program for students in seventh through 12th grades at 7 p.m. May 6 in the school auditorium.
Among the students who will be recognized are those who achieved spots on the honor roll listing for the first three grading periods of the school year.
Tell City Academic teams recently competed in class 3 of a state-wide competition held April 27 at Evansville North Junior High School. The social studies team (picture not available) placed third in the region. The other competing teams are pictured below.
BIRDSEYE – Registration is now open for the Patoka Lake Triathlon, which will take place at Patoka Lake beach Saturday, Aug. 24.
Students of the On-Target After School Program at William Tell Elementary wrote out or drew their personal goals and good decisions on paper balloons, then attached the balloons to pictures of themselves. Joan Knies of Crisis Connection, who presents the program Mondays to third through sixth graders, said it is one of the favorite activities for the students.
TROY – Our Father's House of Worship LLC in Troy announces a new seven-week video-based Bible study series that explores what it could be like in heaven. The series is hosted via DVD by Don Piper, author of the New York Times bestseller "90 Minutes in Heaven," which has sold more than 3.5 million copies.
ST. MEINRAD – Saint Meinrad Archabbey's pilgrimages to honor the Blessed Mother at the Monte Cassino Shrine have been scheduled for the Sundays in May.
The pilgrimages begin with an opening hymn and a short sermon, followed by a rosary procession. The service ends with the Litany of the Blessed Virgin and a hymn.
Speakers and topics for the pilgrimages are:
• Sunday – Brother Philipp Steiner OSB, "Living in the House of Mary"
• May 12 – The Rev. Joseph Cox OSB, "Mary, Our Mother"
First communion was celebrated April 14, at St. Marks Catholic Church in rural Tell City.
Pictured in front from the left are Trey Dauby, Kendall Cash and Owen Peter. In the back are catechist Marilyn Hagedorn, server Jenna Lutgring, the Rev. Dennis Duvelius and server Aaron Lutgring.
Ministry kick off cook out Saturday
TROY – Thy Kingdom Come Ministry, an outreach ministry, will host a kick off cook out from noon to 2 p.m. Saturday at the corner of Indiana 66 and Indiana 545 at the stop light in Troy.
Everyone is invited for hot dogs, hamburgers and drinks and to learn about the new ministry.
Cannelton Freewill Baptist homecoming weekend
CANNELTON – The Cannelton Freewill Baptist Church will celebrate 49 years with a homecoming weekend Saturday and Sunday.
Copyright © 2018
The Perry County News is your source for local news, sports, events, and information in Perry County, Indiana, and the surrounding area.


text:
Baking in 3ds Max: A General Overview, Part 2
Baking in Max can be a daunting process. Last time, in Part 1 we talked about what you need to get started, options for renderers, a few of the different kinds of bakes you can do, plus how and why to do test renders.
Part 2
This time, in Part 2, we go into the approach for Unwrapping, the details of Render to Texture, and the actual baking.
Part 1 | Part 2
Initial Bake
Unwrap Model
Bakes work by recording the lighting intensity for each point on a model's surface into a texture. This means that, under normal circumstances, you don't want any overlaps or tiling used in the UV channel that you bake to otherwise you may have some very strange results in your baked lighting. While unwrapping by hand produces the best results, automatic unwraps are usually more than enough. Bake UVs are usually unwrapped to channel 3.
There are a few common options for creating lightmap UVs for large numbers of objects. One is to use the automatic unwrap feature of Render to Texture, though this always groups matching material IDs together resulting in a lot of wasted UV space. Another option is to use a scripted tool written in-house called SteamRoller, which does a similar function but isolated from any other dialog and without requiring the material ID option. Paid plugins also exists that can do unwrapping, some of which also have their own special baking options.
Baking in 3ds Max: A General Overview, Part 1
Baking in Max can be a daunting process. There are numerous choices, and it may be unclear what is going to give the ideal results. This guide gives a general overview of the process to take your work from an unbaked model to final baked scene.
Part 1
In this first section, we talk about what you need to get started, options for renderers, a few of the different kinds of bakes you can do, plus how and why to do test renders, and what mesh issues to look out for.
Part 1 | Part 2
Starting Out
Ready to Go
Before you're ready to bake, you'll ideally have a scene that's realtime ready. This usually means a low-ish polycount (under 2 million), Scanline:Standard materials, and bitmap based textures instead of procedural ones. While it's possible to bake high polycount objects, such as unoptimized architecture scenes, they may take an exceptionally long time to unwrap, and may also have trouble running once exported.
You'll also want to have some familiarity with the OSG Exporter, but if not you can also start off by loading up the sample preset file from the Storing and Loading OSG Settings tutorial.
How to… Work With Realtime Shadow-Casting Lights in Inspector
Vizard R5: Adding realtime light to a scene and enabling shadows.
Sample Files: Realtime Lighting.zip (7.5Mb)
Starting with an unlit scene in Inspector:
- First, Go to Create -> Light -> Directional Light
- Then, in the properties window check the box for "Shadows"
- Next, name the light node so it can be accessed through code
- You can set the angle of the sun node using the rotation controls
- The position of a directional light does not affect its output, but can be used to move the node's icon to a more convenient location.


text:
All the latest news is below.
20 Feb 2018
St Nicholas Guisborough will be celebrating their musical community in April by holding a Parish Music Day.
15 Feb 2018
Research, writing interpretation, collecting oral histories, creating a community archive, assisting at events, setting up a memory café and Morris Dancing were amongst the volunteer roles introduced to over fifty members, supporters and friends of St Helen's Church, Escrick (between Selby and York), at the official launch in January of their HLF-supported project, "Walking Through the Centuries with a Legless Knight" over a hot meal in church.
15 Feb 2018
Lay leaders in Hedon Benefice, South Holderness, are launching a new 'Christian basics' course for spiritual seekers.
15 Feb 2018
Deacons can be Ground Breakers, Angels, or Icons of Christ, said keynote speaker Canon David Kennedy, Vice Dean of Durham University and Canon Precentor of Durham Cathedral at the recent conference, 'Deacons Matter', at Wydale Hall.
15 Feb 2018
Churches in the UK are planning to distribute more than quarter of a million Easter stories inside Easter eggs this year as part of a national campaign to plug a gap in knowledge about the religious festival.
15 Feb 2018
Church Mission Society today revealed a list of four key myths that keep Christians from getting involved in mission.
15 Feb 2018
St Mary's Church, Beverley, has received initial support from the Heritage Lottery Fund (HLF) for the Medieval Curious Carvings project.
12 Feb 2018
"What on earth is a WOOFYT?" was in the minds of pupils from Brafferton, Alne and Green Hammerton Primary schools as they arrived at Easingwold Parish Church on 2 February for sessions on this mysterious machine.
08 Feb 2018
In 2016 Dr Susan Brett of Cottingham read a positive review on the religious page in The Times one Saturday, of a Harvard University 'MOOC' – a 'Massive Open Online Course' – on Religious Literacy, and found she was just in time to start the Christianity module.
08 Feb 2018
Rodney Troubridge is a churchwarden at St Denys York and works in St Paul's Bookshop in Fossgate. He has put together some brief reviews of books for Lent.
08 Feb 2018
An opportunity for churches form the North and East of England to get together for a weekend of great teaching, worship, youth and children's work and general fun and frivolity.
07 Feb 2018
The Bishop of Whitby, Paul Ferguson, writes: Over a year ago, we had open meetings all over the Diocese to think about our way forward together. So what's been happening since?
01 Feb 2018
The Online Faculty System has been in use in the Diocese of York since May 2015 and we now have over 320 PCC representatives registered as Applicants. From 1st April 2018 use of the online system for the submission of List A notifications, List B applications and faculty petitions will be compulsory.
31 Jan 2018
HLF are taking the opportunity to simplify the complexity of our grant programmes ahead of the new Strategic Funding Framework. The changes outlined below will start with immediate effect.
29 Jan 2018
John and Nancy Eckersley, long-time Christian Aid supporters and long-distance walkers, are inviting people to join them on a pilgrimage to York Minster.
26 Jan 2018
The Archbishop of York hosted a fundraising event yesterday [25 Jan] at Bishopthorpe Palace in celebration of the work of his Youth Trust.
24 Jan 2018
Thy Kingdom Come is a simple invitation to pray between Ascension and Pentecost for friends and family to come to faith. Now in its third year, participation has grown every year.
23 Jan 2018
The Church Urban Fund came and filmed St Mary's Boston Spa just before Christmas with our Xodus Group (School Years 6 – 8) for the promotional clip for next year's publicity.
17 Jan 2018
One in two adults (51%) in the UK pray, according to a new nationwide poll of 2,069 UK adults
15 Jan 2018
Escrick Parochial Church Council (PCC) is delighted to announce that their "Walking through the centuries with a Legless Knight" project for St Helen's Church is to receive a £471,000 grant from the Heritage Lottery Fund (HLF), thanks to National Lottery players.
12 Jan 2018
On Epiphany Sunday, 7th January 2018, Orson and Reuban were promoted and appointed as the new Head Choristers of Saint Leonard's Parish Church Choir in Loftus.
12 Jan 2018
Are you looking at setting up a lunch club, activity group or social fellowship in your parish? Do you have a core group of past members of the Armed Forces over the age of 65 or those who completed National Service? Is your parish in the Selby, Ryedale, Scarborough or Hambleton districts? If so, we may be able to support your project with funding.
10 Jan 2018
Jake Belder and Rachel Benson become part of the 11th Century Abbey's future.
10 Jan 2018
In celebration of our 60th anniversary The Garfield Weston Foundation has launched a new one-off fund of £5 million to support Capital projects to provide new or improved facilities for local communities across the UK.
22 Dec 2017
Archbishop Sentamu joined in with the Advent preparations for Christmas in schools, churches and around the communities of South Wold Deanery (Market Weighton and surrounding villages) over the weekend 15th – 17th December.
21 Dec 2017
Check out some photographs from their festivities in the run up to Christmas.
19 Dec 2017
Such was the success of the Senior Citizens Christmas Lunch at Archbishop Holgate's school they will definitely run it again next year. As they left the event many guests were already asking if it would happen again in 2018 and could they put their name down.
19 Dec 2017
Jesus has come and is present in the power of the Holy Spirit, says Archbishop of York Dr John Sentamu to the Diocese of York as Christmas approaches...
14 Dec 2017
The Revd Claire Maxim, Rector of the villages of Ludgershall and Faberstown in the Diocese of Salisbury, will be the CEO of Germinate after the retirement of Jerry Marshall in 2018.
14 Dec 2017
Two carloads of warm clothing and winter necessities for people in need in North Ormesby have been collected through the Church of St Francis, Ingleby Barwick, via a link made between two curates in 2014.
13 Dec 2017
Fr Adam Gaunt, Rector of Loftus and Carlin How with Skinningrove, has welcomed a grant of £800,000 from the Heritage Lottery Fund (HLF) for the Cleveland Ironstone Mining Museum in Skinningrove.
12 Dec 2017
On Wednesday evening Archbishop Holgate's School celebrated their annual carol service in York Minster. This event has grown in recent years to become a popular community occasion and one of the largest school carol services in the region.
12 Dec 2017
The Retreat Association has partnered up with Marygate Retreat centre to offer a retreat on Lindisfarne - Holy Island for those on low or restricted income from 12th - 18th February 2018.
12 Dec 2017
THOUSANDS of children in Romania will be able to unwrap a present on Christmas Day thanks to the generosity of the public in the Scarborough area.
12 Dec 2017
Archbishop Sentamu, will be joining the Advent preparations for Christmas in schools, churches and around the communities of South Wold Deanery (Market Weighton and surrounding villages) over the weekend 15th – 17th December.
11 Dec 2017
On Sunday 10th December St James' Church Audus Street, Selby invited all to attend a service of celebration to mark the 150th Jubilee of the church's opening.
08 Dec 2017
Did you know parishioners from across the Diocese of York are welcome to visit York Minster free of charge?
06 Dec 2017
Rejuvenated Hull Minster has provided the stunning setting to announce the winner of one of the world's most prestigious art prizes.
05 Dec 2017
The winning school this year was Appleton Wiske Primary School in support of Yorkshire Air Ambulance and sponsored by Devonshire Hotel and Spa Bolton Abbey.
01 Dec 2017
Today the Church launches its #GodWithUs Christmas campaign, aimed at encouraging people across the country to experience the love of God at this special moment in the Christian year.
01 Dec 2017
The Archbishop of York Dr John Sentamu, the Bishop of Selby Dr John Thomson and the Archdeacon of York Sarah Bullock will be joining in the seasonal fun of preparing for the birth of Jesus at Christmas during three days of mission across the town and Deanery of Selby.
01 Dec 2017
The Church of England Digital Team are delighted to announce the launch of the brand new A Church Near You website.
24 Nov 2017
We are pleased to extend an invitation to you and your congregation to this year's Carol Service in York Minster. This year's Service is, again, in the Nave of York Minster, enabling us to celebrate Christmas in style!
24 Nov 2017
Archbishop of York's Junior School in Bishopthorpe, York has won a city-wide competition that egged pupils on to walk, scoot or cycle into school.
23 Nov 2017
Faithfully Ageing Better is celebrating how Middlesbrough churches are responding to loneliness and isolation among older people.
21 Nov 2017
The Company of Servers (CoS) will hold its annual Festival and AGM in the North Yorkshire town, hosted by the eleventh-century Abbey and organised by the Company's York Diocesan Chapter, with volunteer Servers travelling from all over the country for the two-day event.
20 Nov 2017
York City Rowing Club's purple, black and gold blazers lit up the Minster and three cheers rang out last Saturday morning (18th) as Archbishop of York Dr John Sentamu named York City Rowing Club's newest boat 'Constantine the Great' in front of the statue of the Emperor Constantine himself.
20 Nov 2017
The Archbishop of York, Dr John Sentamu and Bishop Alison White will begin their Advent preparations for Christmas in South Holderness as part of a jam-packed festive mission weekend.
20 Nov 2017
This was the slogan adopted by Churches Together in Easingwold and District (CTED) for their 'Day of Peace' on Armistice Day, last Saturday. Joined by friends from the Ahmadiyya Muslim community on the Galtres lawn, we thought of the meaning of Peace and resolved to promote Peace in our communities.
20 Nov 2017
The Archbishop of York, Dr John Sentamu, admitted eight new Readers to serve in parishes in the Diocese of York, during a service at York Minster on Saturday 18th November.


text:
climate change
Heavy monsoon rains have caused intense flooding in the South Asian nations of Bangladesh, India and Nepal. 1,200 people have died so far and it is estimated that 43 million people have been affected across the region. Oxfam is responding but the situation is likely to worsen in the coming weeks. We need your help.
Our teams are assessing the needs of the most vulnerable people in the hardest-hit areas of Haiti and the Dominican Republic after Hurricane Irma.
Your donation to our emergency fund will help us respond to urgent need and to rebuild infrastructure and livelihoods.
The poor an afterthought at the Hamburg G20
"The needs of the poorest were an afterthought. Despite the anger of many on the streets at the growing divide between the rich and poor, the G20 could only muster a tepid set of policies to tackle poverty and inequality," said Steve Price-Thomas, Oxfam's director of advocacy and campaigns.
Is this the year the G20 gets serious about inequality?
Plus, three other critical questions ahead of Friday's G20 summit.
A severe drought has left 7.8 million people in need of humanitarian aid in Ethiopia. These numbers are likely to rise in the coming weeks. Oxfam is supplying clean water to communities in the Somali region, which is proving to be a lifeline for people affected by the drought.
Missing out on small is beautiful
An Oxfam analysis of more than 7,500 EU-funded projects reveals a significant lack of transparency in reporting, casting doubt on the accountability of the EU's aid. Based on the reported data, only a small portion of the EU's agricultural development aid complies with the aim of targeting small-scale producers and women.
The AIIB's energy opportunity: how the Asian Infrastructure Investment Bank's energy lending can chart a new path of sustainable development
The new Asian Infrastructure Investment Bank (AIIB) will be a major new funder of infrastructure in developing Asia. This report sets out a vision for an AIIB partnership with the region's most climate-vulnerable countries that could forge a new path of economic development.
G7 goes AWOL under pressure: consensus crumbles at the expense of the world's poorest people
G7 leaders in Taormina fail to tackle famine or the challenges of migration. President Trump, more than anyone else, blocked agreement on many of these key concerns that affect millions of the world's poorest people.
As world faces unprecedented famine threat G7 should pay up and push for peace
G7 leaders meeting in Taormina, Sicily, this week should take the lead in fighting famine and immediately fund nearly half of the UN's urgent appeal to avoid catastrophic hunger and more deaths.
A climate in crisis
There is growing scientific analysis suggesting that the impacts of current and recent droughts in East Africa are likely to have been aggravated by climate change. Without global efforts to reduce emissions and to help the world's poorest people cope with the effects of climate change, this crisis will continue to repeat itself.


text:
Seriously -
Charlottesvile-Albermarle Airport has got to be the only place in the country where you arrive *early* - regardless of whether you're flying into it or out of it. At least based on my experiences this weekend.
It's kind of awesome, actually.
Monday, September 29, 2008
CHO Early
Labels: Charlottesville
1 comment:
- Bill Gray said...
I wouldn't count on CHO flights always running ahead of schedule. Kristy and I have certainly had some experiences to the contrary.
- September 29, 2008 at 8:43 PM
Subscribe to: Post Comments (Atom)


text: Arighty, so, found this video of me back in like 08 or 09. First time runnin the durn thing. and yes... I wore gloves lol. Some of them guns was mighhtyyyy warm, and I had an inexperienced shooter who liked to start swinging barrels too much. [ame]http://www.youtube.com/watch?v=r5jWGZ_-260[/ame] If someone could link me to a post on how to embed, I'd be much obliged nvm. I feel.. Special is the word now. haha


text:
Keyboarding Lesson - R C
This Keyboarding Lesson - R C lesson plan also includes:
- Worksheet
- Join to access all included materials
Learners engage in a basic lesson in elementary computer keyboarding. They review the home row and the location of letters. Also, they practice conditioning and speed.
14 Views 51 Downloads
Resource Details
Start Your Free Trial
Save time and discover engaging curriculum for your classroom. Reviewed and rated by trusted, credentialed teachers.Try It Free
- Collections
- Activities & Projects
- Assessments
- Graphics & Images
- Interactives
- Lab Resources
- Learning Games
- Lesson Plans
- Presentations
- Primary Sources
- Printables & Templates
- Professional Documents
- Study Guides
- Units
- Videos
- Websites
- Worksheets
- Writing Prompts
- Apps
- AP Test Preps
- Articles
- Lesson Planet Articles
- Audios
- Courses
- eBooks
- Interactive Whiteboards
- Rubrics
- Syllabis
- All Resource Types
- Show All
See similar resources:
Lesson Plan 1: Practice Keyboarding Skills
The two lessons in this resource serve as an introduction to the keyboard and typing. While seated at a computer, pupils view an overhead display of the board and are introduced to the functions of the various keys. Designed for language...
3rd - Higher Ed English Language Arts
Perseverence: Overcoming Poor Decisions
Instill perseverance with a lesson that takes an in-depth look into decision making and how to overcome the consequences from poor decision making. Through grand conversation, role-play, self reflection, and a guest speaker, scholars...
5th 21st Century Skills CCSS: Adaptable
Now I Get It!—Improving Comprehension with Newspapers
Celebrated annually during the first full school week in March, Newspapers in Education Week recognizes the accomplishments of NIE programs across the country and around the world. This 2007 guide is packed with lessons, activities, a...
3rd - 8th English Language Arts CCSS: Adaptable


text:
Romeoville Launches New Website
4/27/2016, 3:01 p.m.
We are excited to announce the launch of our new website www.romeoville.org.
"The new site offers greatly enhanced functionality and visual appeal by incorporating a host of new features and tools designed to help residents, visitors and community partners to quickly locate the information and services they need," said Mayor John Noak.
The site is easy to navigate and presents information in a variety of formats. The
site can be translated into any language with the translation feature allowing the
Village to communicate with residents of all languages. The site's interactive features include the following:
- "How do I?" which is a new feature to get quick answers to common questions.
- "Notify Me" allows users to choose the modules, features and keywords that they'd
like to see most often, including calendars, news items and emergency alerts.
- "Create an Account" allows users to save favorite pages.
Other opportunities to stay connected include subscribing to one of the RSS Feeds,
follow us Twitter, Facebook, Youtube, Comcast Channel 6, Uverse Channel 99.


text:
There are often certain best practices when it comes to any industry and it is always a good sign that a few industry practices are best considered as the standard, be it the medical industry or any other field. The usual set of HMO best practices can deliver results to an area of service that is not often handled by many operators in the business and it would in the long term produce good operating results for all concerned.
The advantages of HMO services
The primary role of HMO services in the medical industry is to provide the best qualified and experienced personnel to medical facilities and to provide a set of operational flexibilities that come with the use of such a service. The better of the advantages are laid out as below.
Expertise: It is possible for the HMO operator to bring forth better experienced professionals than would be possible with other say human resource companies. Since most people working for HMO companies and even dental physician management companies are focused for the short term, they tend to be better paid in most instances and thus is possible to attract the better qualified and experienced people as well.
Pay: The very nature of the work at HMO operators make it possible that people in their employment are better paid than most others in the field. It is usually a case of high pay and low service guarantee that most companies in the field operate on.
Service conditions: With the high margins that HMO operators operate on it is possible to offer better service conditions not just in terms of money earned for the good part of employees in use by the operator. It is thus a good position to be in if the person is a professional.
Richness of experience: The usual practice of most employees of an HMO operator to be working in different places in short durations; it is often that it is a better atmosphere and work atmosphere too. This is thus an additional motivator in case of workers when they do consider a employment.
Focused Service: Since the role of an HMO service is often more focused than otherwise it makes for a good experience that is at times varied than other forms of employment. It thus can be a great motivator.
The need for specialized operators
It is the common need to have human resources suppliers that enable a medical facility to work to full-strength and capability even with finding the right medical billing company. The quality of service is always a watch point when it comes to service rendered and people would only be willing to pay a premium to have a quality of service that truly would stand out for its competence.
The specializations offer a degree of expertise that is not to be seen in other general applications of services and in a number of applications it is indeed the specialist that would render the best of service.


text:
ASML Holding N.V. (NASDAQ:ASML) Q4 2016 Earnings Conference Call January 18, 2017 9:00 AM ET
Craig DeYoung – Vice President-Investor Relations
Peter Wennink – Chief Executive Officer
Wolfgang Nickl – Chief Financial Officer
Weston Twigg – Pacific Crest Securities
Kai Korschelt – Bank of America Merrill Lynch
Sandeep Deshpande – JPMorgan
C.J. Muse – Evercore ISI
Timothy Arcuri – Cowen & Company
Amit Harchandani – Citigroup
Gareth Jenkins – UBS
Francois Meunier – Morgan Stanley
Farhan Ahmad – Credit Suisse
Jagadish Iyer – Summit Redstone
Andrew Gardiner – Barclays
Douglas Smith – Agency Partners
Robert Sanders – Deutsche Bank
Ladies and gentlemen, thank you for standing by. Welcome to the ASML 2016 Fourth Quarter and Annual Financial Results Conference Call on January 18, 2017. Throughout today's introduction, all participants will be in a listen-only mode. After ASML's introduction, there will be an opportunity to ask your questions. I would now like to open the question-and-answer queue. [Operator Instructions]
I would now like to turn the conference call over to Mr. Craig DeYoung. Please go ahead, sir.
Craig DeYoung
Thank you, Arenth, and good afternoon and good morning ladies and gentlemen. This is Craig DeYoung, Vice President of Investor Relations at ASML. Joining me today from ASML's headquarters in Veldhoven, The Netherlands is ASML's CEO, Peter Wennink; and our CFO, Wolfgang Nickl.
The subject of today's call is ASML's 2016 fourth quarter and annual results. As always the length of the call will be 60 minutes and questions will be taken in the order that they are received. This call is also being broadcast live over the Internet at asml.com and a replay of the call will be available on our website.
Before we begin, I'd like to caution listeners that comments made by management during this conference call will include forward-looking statements within the meaning of the federal securities laws. These forward-looking statements involve material risks and uncertainties. For a discussion of risk factors, I encourage you to review the Safe Harbor statement contained in today's press release and presentation found on our website at asml.com and in ASML's Annual Report on Form 20-F and other documents as filed with the Securities and Exchange Commission.
With that, I'd like to turn the call over to Peter Wennink for a brief introduction.
Peter Wennink
Thank you, Craig. Good morning, good afternoon ladies and gentlemen, and thank you for joining us for our fourth quarter 2016 and 2016 annual results conference call. Before beginning the Q&A session, Wolfgang and I would like to provide you with an overview and some commentary on 2016, the fourth quarter and beyond. Wolfgang will start with the review of our annual 2016 and fourth quarter financial performance with some added comments on our short-term outlook and I will complete the introduction with some additional comments on key 2016 accomplishments and some of our near-term expectations.
Wolfgang Nickl
Thank you, Peter and welcome everyone. 2016 was a remarkable year for ASML, both financially and strategically. I would like to first highlight some of our financial accomplishments and then finish with our view of the coming quarter. 2016 was a record breaking year in many financial respects with total net sales, gross profit, net income and earnings per share all reaching record levels.
In addition, we finished the year with the highest backlog ever, which combined with our current business view allows us to look forward to another great year in 2017. We are EUV becomes an integral and growing part of our system revenues, contributing significantly to our top-line growth through the balance of this decade and beyond.
Turning to our Q4 results, net sales came in at EUR1.91 billion, net system sales accounted for EUR1.22 billion, driven by logic which represented 61% of net system sales with memory returning to strings versus Q3 accounting for 39% of net system sales. System sales included EUR144 million of EUV revenue, in line with the guidance given during our earnings call in October.
Net service and field option sales for the quarter came in strong as expected at a level of EUR684 million, driven by ongoing strong demand for holistic lithography options, high value upgrades and our growing install base. Furthermore, we closed the acquisition of HMI in November and net service and field option sales includes about EUR25 million for this new and exciting part of our business.
Our gross margin for the quarter came in at 47.2%. This includes starving the amortization of intangibles, as well as the effects from the fair value assessment of HMI's inventory as of the closing date of the acquisition. The negative impact on gross margin for both of these purchase price allocation related items was approximately one percentage point.
R&D expenses came in at EUR287 million, slightly higher than guided due to both the R&D expenses of HMI and the start of our partial funding of Zeiss SMT for our High-NA EUV program. SG&A expenses came in at EUR107 million also slightly higher than guided due to the inclusion of HMI. We also had an impact from foreign currency revaluations on transactions and balances relating to the HMI acquisition. You may remember that this was an unfavorable effect of about EUR28 million in Q3 as reported during our last call. For Q4, we had a more than offsetting favorable effect of about EUR83 million. These effects are reported in the interest and other line in our P&L.
Moving to the order book. Q4 system booking s came in at EUR1.6 billion for 44 systems including six 3400 EUV systems. Strong bookings continued in the logic sector and support of the 10-nanometer RAMs and in support of EUV insertion at the seven nanometer node. Memory booking strengthened further from its strong Q3 level, supporting expected strength in memory shipments continuing in 2017, driven by DRAM. Continuing order flow for EUV systems brings our total year-end EUV system order book to 18 systems. Our overall systems backlog now stands at nearly EUR4 billion.
Turning to the balance sheet. Quarter-over-quarter cash, cash equivalents and short-term investments came in at EUR4.06 billion. A major driver was our free cash flow of EUR1.1 billion in Q4. As we experienced in the last quarter of 2015, we saw a significant level of early payments from customers, which will impact Q1 2017 cash flows. Also as already mentioned before, we closed the HMI acquisition during the quarter and also issued a EUR750 million bond to support part of our planned strategic investment and Zeiss SMT, which is expected to close in Q2 of 2017.
With that I would like to turn to our expectations and guidance for the first quarter of 2017. We expect continuing sales strengths in Q1 with total net sales of approximately EUR1.8 billion of which an estimated EUR30 million will be deferred EUV revenue. Foundry shipment strength supporting 10-nanometer RAMs will continue in Q1 and will be firmly supported by memory shipments.
We also expect to ship our first NXE's 3,400 EUV system in the quarter, we expect to record the revenue for the system in the third quarter of the year, since this system will ship in a non-final configuration.
I would also like to mention here, that one of the EUV systems that we expected to ship early this year postponed from Q4 last year due to a customer readiness issue, will not ship this year as originally planned. Due to other exonerating circumstances, this customer has now decided to place a system upgrade order for this tool and will take delivery of it in 2108, where it will add to two other systems at the customer site to be shipped this year.
This leaves our system output plan at 12 new systems and our shipment plan at 13 considering the one additional system that missed delivery for material availability reasons in Q4, 2016.
We expect our Q1 service and field options revenue to again come in above EUR650 million driven by continued demand for holistic lithography options, high value upgrades and our growing installed base.
For now, we will report HMI revenues under field options and services. But margins for Q1, is again expected to be around 47% including the effect from the purchase price allocation for the HMI acquisition. The negative impact of these purchase price allocation adjustment for Q1 is more than one percentage point. The impact for the full year, is about EUR90 million, and will reduce to about EUR40 million per year from 2018 onwards.
R&D expenses for Q1, will be about EUR328 million and SG&A is expected to come in at about EUR95 million. The uptick in R&D spend is driven by the inclusion of HMI and accelerated investments in pattern fidelity metrology. Our contributions to SMT's High-NA developments, our own High-NA development acceleration and the strong U.S. dollar.
As a reminder, regarding our share buyback program, last year, we purchased EUR400 million worth of our own shares before the program was paused during our acquisition of HMI. It remains paused for the time being, as we closed our planned investment in Zeiss SMT. The transaction is in the regulatory approval process in the required jurisdictions. We've already received the approval in South Korea and expect the approval from Germany and China in time to close the transaction in Q2, 2017.
And finally, an increase of our annual dividend from EUR1.05 to EUR1.20 will be proposed at our Annual General Meeting of shareholders in April. With that, I would like to turn the call back over to Peter.
Peter Wennink
Thank you Wolfgang. 2016 was indeed a remarkable year for ASML, not only financially as highlighted by Wolfgang but strategically and product technology wise as we continue to prepare ourselves for continued growth in the coming decade and beyond. I'd like to take a moment to highlight some of these key events.
Firstly, our acquisition of HMI will enable us to move from simple imaging and imaging placement significantly in a direction of full pattern fidelity control, which is a key requirement and value provider for our customers at 7-nanometer and below. This along with an expansion of our current products into broader types of applications, allows us to lay the foundations for future growth in our holistic lithography products group.
Secondly, we brought a key supplier partnership to the next level by agreeing to acquire a minority stake of Carl Zeiss SMT our major critical optic supplier for the purpose of not only securing the extension of EUV imaging technology but also strengthening the current combined businesses of the two companies to improve co-operation and governance.
The co- investment of about EUR760 million, over a 6-year period centers on the R&D investments of next- generation lenses and related capital expenditure also referred to as High-NA, which is critical in meeting our customers' imaging roadmaps throughout the next decade.
Lastly and probably more significantly, the industry has turned the corner on the EUV. Throughout the year, we continue to execute on mutually agreed performance milestones, which allowed our customers to grow confidence in the technology and tool performance. This resulted in customer decisions to allocate the most critical layers of the next generation nodes to EUV, beginning with the industry 7-nanometer logic node.
With customers backing this confidence up with orders, we ended the year with an EUV backlog of 18 systems as mentioned. Together with the anticipated Q1 orders, this will cover our 2017 and early 2018 EUV output.
As mentioned before, our output capability for 2018 will be around 24 systems, based on the timing of high volume manufacturing introduction of the advanced logic and memory nodes as announced by our customers, it is realistic to assume that this production capability will be fully utilized by our customers. This means we would expect the continued order flow in the coming quarters.
As we move into the next phase of industrialization of EUV. Our focus will remain on continued improvement of key HPM, performance metrics very much inline with what customers expect of our DPV offering, above 90% availability and productivity per tool specifications.
Furthermore, we are heightening our focus on our supply chain to provide the required number of EUV systems on time and on preparing a competent and sufficiently sizable EUV field service organization capable of supporting our customers in the volume manufacturing insertion plants.
With respect to our core product lines, we continue to develop industry leading imaging systems evidenced by the introduction of our latest emerging product offering the NXT:1980 which has demonstrated the fastest ramp of a new product in our history, with 46 systems shipped in 2016.
For our Holistic Lithography product line, 2016 was also a good year, where we launched new products by penetrating new large customer accounts, promising significant new business in the years to come.
Together with the aforementioned progress on the EUV product performance and related business opportunities, we feel confident in further anchoring our leadership position in the semiconductor equipment market place.
And turning to the short-term, as Wolfgang mentioned, we expect to build upon a record 2016 seeing further significant opportunities to grow in 2017. We see a continued ramp of the foundry logic the nanometer node as recently confirmed by one of our large foundry customers with memory strength driven by expected stronger big growth in 2017.
In addition, service and field option sales are again expected to continue to grow in 2017. This will continue to be driven by sales of scanner system upgrades and our growing holistic lithography product offering. In 2017, we'll see the first real impact of EUV system sales with the recognition of system shipped in the calendar year as well as pieces of remaining revenue recognition from system shipped in the past.
For 2017 our opportunities and challenges are crystal clear. The commitment of our customers to EUV is now bound and evidenced by our significant and growing EUV backlog. Supporting our customers' intent or moving EUV into volume production in the coming 24 months will remain our number one priority in order to ensure that our customers can deliver the next node transitions as planned. ASML remains committed to do everything within our capability and power to bring EUV to manufacturing [indiscernible] as soon as possible.
With that we would be happy to take your questions.
Craig DeYoung
Yes, thank you for letting us to take some extra time to review in some depth key events of 2016 and their impact on our future. The operator will instruct you momentarily on the protocol for the Q&A Session, but beforehand, as I always do, I'd like to ask you kindly to limit yourself to one question and one short follow-up if necessary. This will allow us to get as many callers in the hour as possible.
Now Arenth, could we have your final instructions and then the first question please.
Question-and-Answer Session
Of course yes thank you. Ladies and gentlemen at this time we will start the question-and-answer session. [Operator Instructions] One moment please for the first question. First question comes from Weston Twigg [Pacific Crest Securities]. Please state your company name followed by your question.
Weston Twigg
Hi thanks sir, Pacific Crest. So my question is related to the memory strength, you mentioned that it should be stay strong through 2017 particularly in the DRAM side with big growth. And I was just wondering if you're seeing new DRAM capacity being installed, given the pricing trends or if these are tools that are being shipped in the end and then replaced in the DRAM fabs?
Peter Wennink
Yes, it's more of the latter. So we've seen significant re-locations from DRAM capacity into NAND throughout 2016 or we starting 2015. And as really feeling it, it all back up. Like we said in the previous call, we saw quite a significant capacity drop in 2016. In terms of wafer starts per month in DRAM, which is a double-digit drop and that's being filled up with new DRAM capacity.
Weston Twigg
Okay. And then I guess, as my follow-up, are those upgrades on the NAND side or those being upgrades that are contributing to your field and service options or is that a different revenue line? Those that are being upgrading.
Peter Wennink
It's the first, it's in there – these are the upgrades that are in the field service and option line.
Weston Twigg
Got it, thank you.
The next question comes from Kai Korschelt [Bank of America Merrill Lynch]. Please state your company name followed by your question. Please go ahead.
Kai Korschelt
Yes, good afternoon. It's Bank of America. The first one was, Peter, just to clarify your commentary around the EUV shipments next year. I think I heard you say there is, it's realistic to expect 24 tools. What would be the sort of puts and takes on kind of whether you would ship capacity or maybe potentially, slightly less in terms of adoption and capacity.
And the second question was on the Chinese CapEx I think you said something on the video on your website, some of the data points that has been making the rounds of the press suggests that could be 10 of billions of dollars spend on new memory fabs in China. So I'm just wondering in terms of the phasing, timing or magnitude, how much visibility do you have on those projects? Thank you.
Peter Wennink
Yes, okay, thanks. On the 2018, the determining factor is not so much our capability or the performance of the tool. It is really as you can understand the next nodes of our customers have complexities in that are not only driven by our capability or our lithography capability. This is really based on the introduction timing of our customers. So when our customers, all our major customers make public statements about when they want to introduce their next nodes and start using EUV, we take those statements and actually we don't only take public statements to be honest, we have very detailed discussions with those customers on those public statements and what that means.
So we get very detailed plans of when they need, what tool and when. And that is really driving let's say realistic assumption that when we have 24 units to sell, we will sell 24 units when they stick to their plans. So this is basically what it is. There is nothing more to it than that. So customers will decide. And that could be that if one customer says, I need to for whatever reason, we need to do an introduction six months or later, there will be a six months rescheduling. That's what really drives the business.
China CapEx. Yes, it's interesting, I mean, we've also very – we have a lot of interest following every comment that comes out of China, on the tens of billions that will be invested in all kinds of fabs all over the place, but you also have to look at what impact that will have on our short-term business. Now short-term, yes there are many ceremonies of fab openings or fab extensions I would say, the number of real new fabs is limited. Or let's say Chinese old companies, of course the foreign companies that open fabs in China, but I think they reference to the 10s of billions are really Chinese-owned companies.
That is definitely I promise, however, if we look at the next 12 months to 18 months, it is good. There's some good logic opportunity, there's some memory opportunity there, but it's all within the realms of good business and not the extraordinary growth that some people are portraying. That will very likely happen. But it's very likely also going to take a bit more time than the 2017, let's say slash 2018 timeframe.
Kai Korschelt
Okay great. Thank you.
Next question comes from Sandeep Deshpande [JPMorgan]. Please go ahead please. State your company name followed by your question.
Sandeep Deshpande
Hi, this is Sandeep Deshpande, JPMorgan. Just a quick question, Peter on the order intake. I mean, in the fourth quarter you took orders for six EUV tools, at the same time, I mean we have some expectation that you will sign volume purchase agreements with some of your large customers for these EUV tools.
So, is it now that you will be taking these EUV orders as a normal part of the business as you seem to have done in the fourth quarter or are we to still expect volume purchase agreements in the next few months? And I have one quick follow-up question on the 2018 shipments.
Peter Wennink
Yes on the order intake in Q4, that was based on a volume purchase agreement for the – you could say the 3,400 delivery, it does not include yet the additional options that they need on those 3,400. So you could say if there's a fully signed and closed volume purchase agreement with the customer, not entirely because the options are still under discussion, what they need and the economics of it.
But yes, those orders were indeed taken under the agreements that we have on the pricing and the pricing models. That's just for one customer. I mean, other customers will follow suit, as we continue in 2017. And for those who will introduce EUV later, those VPAs will be also signed later on in 2018. So it's, as you said, it's the normal course of business.
Sandeep Deshpande
And then following on the 2018 shipments, I mean you're going to have this capacity for 24 tools and potentially and then you've already got six of those orders at this point. By which point do you need to get all your order, so that capacity will be readied for the customer because I mean you've said in the past, that you take almost a year to ship these tools. And then there is a time which the customer takes to install the tool in their own facility and get it stabilized?
Peter Wennink
Yes. Well, the time to ship and install is about a year. So it's not plus, plus. So it's not for us to time as a year to ship the tool or what. Our time is we can ship an EUV tool, so we can install an EUV tool in about three months, three to four months. And we have currently and into a order cycle time in the factory of about six months. So overall for us it's takes about nine months from start of the tool to get it installed at the customer side, not then the customer needs to of course start to qualify the production. The issue is in their supply chain and in their supply chain we need lenses, we need a large mechanical modules, that need to be reproduced and this is limiting our output capability right now.
However, having said that to your earlier questions, we are in very intense and deep discussions with customers on volume purchase agreements. And it is also clear that those customers need those tools at a certain moment day and time. And taking into account our cycle time reduction plans, it is not absolutely necessary throughout 2017 that we need to keep on to this two year timeline, that will go down, that will be shorter, because we'll reduce the cycle time as volumes go up. However, to be able to ship 24 units in 2018, those systems need to be booked by the end of the year – so in this year, now if you're going to ask me when do those orders come in is it Q1, is it Q2 or in early Q3 I don't know yet and its not very important but what I do know is that if we need to ship 24 units by – in 2017 those orders need to be in.
Sandeep Deshpande
Thank you.
Next question comes from C.J. Muse [Evercore ISI]. Please state your company name, followed by your question.
C.J. Muse
Good morning, good afternoon. I'm with Evercore ISI. So I guess first question, can you walk through how we should think about the gross margin for EUV through calendar 2017 and particularly interested how we should think about the inclusion of deferred 100% margins through the year? Thank you.
Wolfgang Nickl
Peter Wennink
Yes, I will take that, I don't know if it's for CJ I mean. We painted the picture at our Investor Day as well. The starting point is a gross margin if you take everything into consideration of about minus 75% in 2016. Our objective is to get this business breakeven from a gross margin perspective in 2017. And then in 2018, you will make another significant step forward we are thinking somewhere in the 20s also. Of course there are a few things that contribute to that and you are right, some of the catch-up revenue that essentially comes at no low cost, what will help but it also will help that this year we are shipping the 3,400 which has a less price of about 20 million higher than the 3,350. We are also going to continue to make a progress on the cost side, we still have significant amounts of fields upgrade that we have to do for no charge, E&O charges we have learning to do. We are making progress on that front as well.
And if you then taken into consideration also the service business were as you know we are charging per wafer out, but we got a mind growing installed base that is not productive in churning out a lot of wafers. So we are still spending a significant amount of money on this without revenue coming in. But if you take it all into consideration we are targeting around breakeven. As it relates to the total business we were about 45% gross margin in 2016. I think we are going to continue to make progress in both businesses EUV, going from minus 75% to about breakeven.
But also the non-EUV business because the mix is shifting towards applications and more higher value systems will make progress as well. But overall I think for your modeling purposes, you should assume that the total company gross margin will was somewhat go down because you're growing the revenue significantly on the EUV line. So we should expect a little bit of a step back there before then in 2018. We are marching towards the 50% plus that we're targeting for 2020.
C.J. Muse
Just as a quick follow-up there, are you thinking closer to like 43% or 44%. And then I guess, as my follow-up on the foundry side orders ex-EUV came in fairly weak I think sub EUR300 million in December quarter. And I guess how should we think about the timing of the pickup there is that simply turns were they will place the order upon your shipment and therefore really not an issue and how do we think about the trajectory as we contemplate 10, 7 nanometer ramp?
Wolfgang Nickl
Yes, without tying it down to a specific number, but I think with everything that we gave you between Peter on the shipments, on EUV and the margin I think you are on the – in the right ship code there on the gross margins relates to orders. First of all, we are thrilled be it in overall backlog of EUR4 billion. Having said that, the same story as in prior calls, we published the backlog because it gives you a decent structural view on what's happening in the business you see memory picking up, you see a lot of EUV orders coming in.
But we always say that just merely looking at bookings or backlog should not be your main input barometer in the outlook, because if you know the order at the end of the day in particular for the more mature business is merely an administrative act. We have VPAs with all of our customers and we get every other week, we get a detailed sales forecast and order forecast against that. And that is what's giving us the confidence in the numbers. So we will not the slightest bit disappointed about bookings last quarter.
C.J. Muse
Excellent. Very helpful. Thank you.
The next question comes from Timothy Arcuri [Cowen & Company]. Please state your company name, followed by your question. Please go ahead.
Timothy Arcuri
Cowen & Company. Thank you. I have two. I guess, Wolfgang, first of all in the presentation on the metrics around EUV, you definitely showed some continued improvement in availability. You had two tools that showed a four week average of greater than 90% versus one last quarter. But there was no improvement in productivity. Is that because it's not your focus right now? I guess I would have thought maybe you had seen more than just one tool producing 1500 wafers per day over that three day period?
Peter Wennink
Let me answer that Tim. First of all, the reason why we put those metrics in there is one, to be able to communicate to you, but also to our customers. What we believed at that time when we created those metrics, the most relevant milestones were that customers used to get convinced that EUV was going to be the choice of the next generation leading edge litho production.
Having said that, meeting those targets – not only those targets, it was the continued, let say, showing off of those targets throughout the year that actually raised the customer's confidence to the level those also publicly state we're going to use EUV, and they follow that up with orders as you have seen. Now just for your information, we are over 200 wafers, which will actually provide as way more than 1500 wafers per day and that's what we shown the customers. That's all. It is about the confidence that we will be at the high volume production requirements by that time the customers need and that's what shown with those targets.
The targets going forward – I would like to relate to other targets that they need for higher volume introduction, like I said in my introductory comments. It's likely Deep UV where we're moving into debt, in all direction like Sandeep said, this business as usual, we will be over – we have to be and we'll be over 90% availability when they need it, when we start HPM production and we'll be at the productivity of wafers per day as specified by the tool specifications, i.e. 125 wafers per hour.
This is where we are and this is why we're absolutely confident that we're going to get there and that's why it is the last time, we are going to give you these targeted numbers because those milestones have been now met evidenced by their customer orders.
Timothy Arcuri
Got it. Okay, Peter, thank you. And then I guess as just as it relates to backlog on EUV. So you have 18 systems of backlog, you have slots for 12 this year. So obviously, six of those are going to ship next year. Since you have 24 slots, give or take next year, does that mean that backlog can only be 24 exiting this year or it is the policy such that you're, – if you get an order even if it's going to ship 18 months from now, you're going to put in backlog, so that the backlog exiting this year can be actually a lot higher than the 24 slots that you have in next year. Thanks.
Peter Wennink
That's correct. I mean like I said, we have currently, if you would – in 2016 we had 24-month lead time that will go down, but it's not going to be a 12 months by the end of this year. So it's very likely that they're going to be 2019 orders in there.
Timothy Arcuri
Got it. Okay, Peter, thank you so much.
The next question comes from Amit Harchandani [Citigroup]. Please state your company name, followed by your question.
Amit Harchandani
Good morning and good afternoon. It's actually Amit Harchandani from Citigroup. And thanks for taking my questions. So, if I may. Firstly, my question is with respect to the technical milestones that you refer to earlier. Could you maybe talk about what are the key areas of improvement that you're working on within the tool that need to be completed this year or on the verge of being completed that would take you to the targets you've talked about for commercial introduction in terms of the technological progress.
And secondly, could you also give us a sense of what's happening in the wider ecosystem, particularly around defectivity and say, pellicles, and any other complements within the ecosystem. If you could kindly share any updates around those? Thank you.
Peter Wennink
Yes. I make some of the notes. Yes, only the key areas of improvement. Well, it's really focused on lifetime extensions of parts. So it's the industrialization of those price, lifetime extensions, taking out some of the quality issues that we know what to do. That actually brings us to those targets that customers need for high volume introduction, 90% plus availability and productivity at spec.
On the ecosystem, I think two things, resist and pellicles. Resist, good progress and we get progress reports every now and then. And over the last couple of weeks we've got some good progress reports of photoresist. And on photoresist sensitivity on line edge roughly, data and information that give customers good confidence that by 2010 – end of 2018, 2019 we're going to get what we want.
On the pellicle, we have started to outsourced pellicle production to a supplier that actually should make the pellicles for the industry for our customers. Initially, there was a process that yielded low because pellicle still had some defects on it on the pellicle itself, as you can imagine pellicle is a membrane sitting in front of the photomask, you don't want any – a defect on that all pellicle because they're big, they will actually print.
Now by the end of the year, we actually received first defect free pellicle, and also there you are seeing progress that everybody is looking for. It is not our main concern, what our concern is, yes, that the supply base of those pellicles will be maturing also, so we get a constant flow of defect free pellicles. But if you look at the progress that we have made in the last six months that gives us the confidence that also by the time where we need the edge volumes, the HVM requirements, we will be there.
Amit Harchandani
Thank you, Peter. Just a couple of clarifications on what you've said. Firstly, with respect to the technical progress with respect to your tool, just for that I understand correctly there are all incremental improvements really around lifetime extension, but there is no radical improvement that you need to do all of that is behind us in 2016. That would be a correct statement to make technically.
Peter Wennink
Amit Harchandani
And secondly, is the topic of actinic inspection tools, when it comes to EUV behind us or does that still come up in your conversations that you think their workaround is pretty much accepted now by all the customers who are looking to move on with EUV?
Peter Wennink
That's correct. I mean we do not have any discussions on actinic inspection at this moment and they work around. So we currently have either to the pellicle use already or the wafer inspection using EBM tools. That is really what the solutions are that customers are currently using. Now the discussion on actinic inspection tools over time and in the next decade might come back, but we'll see how effectively current solutions are.
Amit Harchandani
Thank you very much.
Next question comes from Gareth Jenkins [UBS]. Please state your company name followed by your question. Please go ahead.
Gareth Jenkins
Yes, thanks. It's Gareth Jenkins from UBS. One follow-up please and one question. Just a follow-up on memory, you're slightly more positive tone on this, so this include in addition to the 1980s – that you're talking about some KrF business. And secondly, I just wonder whether you could talk about your expectation in terms of conversion. The 7-nanometer node for your large foundry customers from 10. Thank you.
Peter Wennink
Gareth, on the last question, could you be a bit more specific on your last question on the conversion, what do you want to know?
Gareth Jenkins
I just like to know the sort of level of conversion that you expect between the 10 and 7 node, you had given the similarity or the commonality between the tools. So would you expect to be more or less than kind of we saw over a prior nodes?
Peter Wennink
Okay. On the memory, presumably, yes, it's got, but only in 1980s. We always ship if you add some extra capacity some KrF, but going back to an earlier question, this is really backing up the installed capacity that was relocated to NAND, which were basically immersion systems, where they were upgraded in the NAND space. So, it's predominantly an excuse, but we always have some level of capacity space that is in existing fabs, which also need some KrF, but it's largely NXTs.
The level of conversion 10-nanometer to 7-nanometer – 10-nanometer, that's always a level of conversations from 10 to 7, which would include upgrades. So the level of commonality from a platform point of view is always there, but it's really the performance of overlay and focus that drives really upgrades. So, when there is a reuse of an existing body in the 10-nanometer space or a previous node on to the new node, then you see a upgrade business. And this is a part of the business that we are seeing – that we see growing. In 2017, where we indeed see the number of upgrades in the logic space, but also in the memory space from, let's say previous platforms to the newest specification of the NXT platform really happening. And that is part of the business growth that we see in the services and options. So as not much different than previous nodes, it does lead to a lot of new business in terms of system upgrades.
Gareth Jenkins
Can I just follow-up and just ask what your expectations for the top 10s. I think you've always talked about wafer starts some 10 and 7 geometries combined. I wanted to – whether there's been any change in the full process around the starts on the 10 and 7.
Peter Wennink
No, no, currently, not. The only thing that we can say is that of course, we discussed with customers their business and their plans. I only can say that the 10 plus 7-nanometer confidence that our customers have in being a big node driven by more than just the smart phone applications. I mean they are talking about and it's real because, well about customers in the automotive space, customers in these space that is dealing with artificial intelligence and augmented reality, virtual reality, big data and big data analytics.
They are seeing customer applications in that space, and that is driving their confidence on the node sizes, and they keep repeating to us that, they get strongly believe based on what they see in the tape outs that are coming, that is going to be a big node.
Gareth Jenkins
Thank you.
Next question comes from Francois Meunier [Morgan Stanley]. Please state your company name followed by your question.
Francois Meunier
Yes, it's Francois Meunier from Morgan Stanley. So yes, and some of the question around the gross margins and like billions of around it, but there is one I would like to understand a bit more. I think you guys have been talking about PPA of – when they gets impact. That seen of around €90 million, so it's actually in the non-cash impact, so like when you guide for 47% gross margin in Q1, actually the cash gross margin is more like 48%, 48.2% or something for Q1. Is that the right way to look at it?
Peter Wennink
Yes, be careful with the cash because of other cash non-cash related items but in principle, you're right, we're guiding to about 47% and if you just look at the two elements one being the amortization of intangibles, we said that's going to be about €40 million per year that's linear, so it's about €10 million and then we said there is €50 million that results from the revaluation of the inventory to a fair value or market value at the time of closing. We've got to work ourselves through this, and as you can imagine this is going to be a bit more skewed to the front of the year rather than the back of the year. And therefore there is as you state – probably closer 1.2% impact on the gross margin in Q1 or in other words, as we not done the acquisition and to deal with the purchase price allocation, we would have been north of 48% in the first quarter.
Francois Meunier
I got that clear.
Peter Wennink
But I wouldn't associated with cash and non-cash because of other stuff.
Francois Meunier
There is also things going on, okay.
Peter Wennink
Francois Meunier
Okay, very interesting. Thank you very much.
Peter Wennink
Francois, thanks.
Next question comes from Farhan Ahmad [Credit Suisse]. Please state your company name followed by your question.
Farhan Ahmad
Hi, Credit Suisse. Thanks for taking the question. I have a question related to EUV. What are some of the risk factors that you see going forward? Is there anything that you have to deliver for EUV to be adopted or should we take these orders as a sign that EUV is now at a point that we can count on its delivery in 2018. And also can you remind us again on what the lead time as for EUV going forward?
Peter Wennink
Yes. I think, ultimately, the approval – is when the customers give you an unconditional commitment to pay you a lot of money, which I think is happened. I think that decision, which I think most customers have been public about EUV, when they want to use it or how they want to use it. Just following this up by orders. So, I think it is true that as somebody asked a question earlier is that, what could be – what could happen to make 2018 a year where you're not going to fully ship your production capacity.
In a way I just answered, one the things is, I don't know the customer roadmaps might change, but what they're telling us today and we know the number of layers that they want to use EUV on. Now we have to use that capacity. And only if a customer changes their minds, I think we all will change, but that's not the case today.
A lead time. Yes, a lead time like I said lead time 2016 was just a 2-year, we had a supply chain that we have to kick out of hibernation. Well, they're now awake. Look I can assure you. So lead times will also compress somewhat also throughout 2017. I'd love to have a lead time by the end of the year of about 18 months.
Farhan Ahmad
Got it. Thank you. And can you talk about how do you see the linearity of 2017. Do you see some of your peers have indicated like there is a stronger first half related to second half, is that something you see also. And related to the China 500K wave starts, is any of it hitting this year or next year?
Peter Wennink
Two questions. So on the linearity, yes, it's too early to say. I mean, generally, we have lead times of about six months for our tools, so customers probably give us a very clear indication of the next six months, which looks very good. The rest of the year is a bit driven by expectations and so that's always a bit more uncertain to a certain extent. So that might be the reason why some of our peers focus more on the first half. It's just visibility.
On China 500K wave starts next year. We don't see 500K wave starts next year it's too much I mean, it will be there, in here but I said earlier is going to take a bit of time. With some of our customers, we've been talking about building new fabs now for 2.5 years, in that same timeframe, our logic customers built the fab and we're shipping tools. We're still talking about the other.
So we are that this has to kick into a different gear also. That's 500K wave start next year is absolutely not what we expect good business. Yes, we will expect shipments into new pedestals for our tools into fab expansions and perhaps a new fab, but nothing to the level that you just mentioned.
Next question comes from Jagadish Iyer [Summit Redstone], state your company name followed by a question.
Jagadish Iyer
Summit Redstone. I've two questions. First, Peter, if you look at your immersion revenue systems. It has been pretty much stable through the last three years, and in fact has trended up. So just wondering if EUV started to progress. How should we think about the immersion system trajectory over the next 12 to 24 months. Then I have a follow-up.
Peter Wennink
Yes, the next 12 to 24 months I do believe that when you look at what is driving our customers business is this 10 nanometer logic and its memory, and that still needs those immersion systems. So I think next 12 to 18 months I don't see I think you will see as a lot of change. Although, longer term when complexity of chip design increases, the number of layers will also go up.
The increase of the incremental areas are very much the critical ones, which is going to be EUV and as EUV progress in terms of maturity and productivity, also EUV will grow into the realm of Deep UV leading edge Deep UV but it's about its all how you look at it and it is also, I think clearly discussed at our Capital Markets Day immersion and Deep UV will be with us forever.
And also means over the next 10 years or so we're going to be very significant part of our business, for the next 12 to 18 months is going to be the majority part and the key part of our business given the fact that those nodes that they are being designed into harder nodes are we're currently using and ramping, which is not in EUV node, 10 nanometer is an immersion node and high teens DRAM is an immersion node. So that will be with us for the next 12 to 18 months.
Jagadish Iyer
Okay, Then briefly so on the six EUV system orders that you got us VPA. Is it fair to conclude that you have met the 7 nanometer initial insertion specification with this key customer. Thanks.
Peter Wennink
Jagadish Iyer
Okay, thank you.
Next question comes from Andrew Gardiner [Barclays], please state your company name followed by a question.
Andrew Gardiner
Good afternoon, it's Barclays. Thank you, guys. Just one on to your outlook for 2017. You've given fairly sort of clear messaging around what you see on the logic space and on the memory space and of course, services and options continue to grow. Just the statement around significant revenue from EUV for the first time. If I go back to the Capital Markets Day in late of October, you seem to be indicating at that point something on the order sort of below €1 billion mark as a combination of rev rec at shipment as well as the deferred revenue coming through.
Is that still a reasonable assumption, given --, sort of given a sort of better visibility into and how you see EUV trending for this year? And also within services and options for this year now that HMI is closed the new in the integration process. What are your expectations for that business over the next couple of quarters? Thank you.
Wolfgang Nickl
Okay, I'll take that Andrew. Hi, EUV, yes, what we said before continues to apply, we said we can ship a maximum of steady in tools, which is a 12 plus one carryover. Revenue recognition is now close to shipment, with shipment for a majority. And yes, there will be some catch-up revenue from last year, where we shipped systems with no revenue recognition. So without tying it down too much, but I think the number will have a one in for sure and some will NOLs of 1.2 is clearly within the realm of possibilities. Service and field options will continue to grow even if you stop by – that was excluding HMI, we grew a 7% to 8% of this year. And also based on some of Peter's comments on the upgrades, we think it will grow at least by that level. It could go a 10% or so a year-over-year.
And then we have HMI, which are going in for like two months last year and we are not intending to break this out in the future. But you know from their stand-alone reporting that they should be somewhere in the 200 million zip code that is incremental. I think you will see us announcing new products during the year, but they will not lead to any significant revenue in the year.
So, EUV field options and services and HMI whole gross drivers and then you have the rest of the business that is stable and in some cases up a little bit. So, like we said in our prior remarks it should be a pretty good revenue year in 2017.
Andrew Gardiner
Thanks for the clarification.
The next question comes from Douglas Smith [Agency Partners], please state your company name followed by question.
Douglas Smith
Hi, it's Doug Smith from Agency Partners. I'm wonder – can you break down the 18 EUV systems backlog into your foundry and memory and IDM groups?
Peter Wennink
Yes, we could but we generally say we're not doing it, because it will be very customer specific, because you could easily say who is who. So that's not what I want but there are few memory orders in there and that's just less than a handful. And the rest is most is logic and IDM.
Douglas Smith
Okay. And just a clarification, you are saying that the six EUV orders in Q4 were all from one customer?
Wolfgang Nickl
No, there were five for one customer, one was an addition.
Douglas Smith
Okay. So five from one customer…
Wolfgang Nickl
One memory customer and one logic customer.
Douglas Smith
Okay. And the one that was in this group of five was what's you call the kind of quality PPN?
Wolfgang Nickl
Sorry, quickly – I think that was all logic – sorry six were all logic, there were two customers from and one at five one and one.
Peter Wennink
On the 18 systems we have said before that, its five customers in total, but it's not like only the five customers in total that have orders and with us.
Douglas Smith
Right. And if the one that had the five, which were I think that you call the kind of quality VPN?
Wolfgang Nickl
Douglas Smith
Okay. Thank you.
Peter Wennink
Ladies and gentlemen, we have time for one last question. So if you are unable to get through as always feel free to contact the Investor Relations department will get back to you as soon as we possibly can to try to help. Now operator, if we can have the last caller, please.
Of course, sir. The final question comes from Robert Sanders. Please state your company name followed your question. Please go ahead, sir.
Robert Sanders
Yes. Good afternoon. Just a question about the 3400. So the shipments that customers have ordered, are you going to upgrade the source to 250 watt at a later stage and it's a free upgrade. And then the second question would just be on the HMI business, it does seem to be tracking below expectations from June when you acquired it. I was just wondering, what's the update there on the outlook and how that business is tracking? Thanks.
Wolfgang Nickl
Although Peter alluded there is no major source upgrade just cranking up the power as all that is not necessary, the source is the source, and will be capable of doing 250 watt at least, it's going to be above 205 watts whereas 250 that we met because a 205 worth than 225 wafers per hour and that's the throughput specification. That a 250 by the way is also not with this particular source design is not our end product. I think with this particular design, we can go higher. We can go 300 watts and above. On HMI below the expectations.
Peter Wennink
Yes, I mean there is no significant difference in what we have seen already during our due diligence time. And since this is a growing business, more importantly, the roadmap going forward. It's well aligned not only within us and HMI more importantly also was a signal to you folks at the customers. So we're looking forward to a significant opportunity like we said at our October call which could be up to a $1 billion by 2020.
Peter Wennink
Yes. Rob. And you have to remember that in 2017, we still have the majority of the HMI sales or you would call the standalone HMI sales. What we really looking at is, when you may remember the presentation that we had at the time of the acquisition that the area where we believe we will have a significant growth opportunity is the combination of the holistic lithography or the computational lithography competencies of ASML with the HMI capabilities, creating a new product. That is where we think there is going to be a big market and a big growth opportunity. And that's not for 2017. It will be 2018 onwards.
Robert Sanders
Thanks a lot.
Peter Wennink
Okay. Yes. Thank you.
Craig DeYoung
Good. Well, thank you everybody on behalf of ASML's Board of Management. We'd like to thank you for joining us in the call today. And operator, if we could have your formal conclusion to the call, we'd appreciate it. Thank you.
Of course, sir. Ladies and gentlemen, this concludes the ASML 2016 fourth quarter and annual financial results conference call. Thank you for participating. You may now disconnect your line.
Copyright policy: All transcripts on this site are the copyright of Seeking Alpha. However, we view them as an important resource for bloggers and journalists, and are excited to contribute to the democratization of financial information on the Internet. (Until now investors have had to pay thousands of dollars in subscription fees for transcripts.) So our reproduction policy is as follows: You may quote up to 400 words of any transcript on the condition that you attribute the transcript to Seeking Alpha and either link to the original transcript or to www.SeekingAlpha.com. All other use is prohibited.
If you have any additional questions about our online transcripts, please contact us at: firstname.lastname@example.com. Thank you!


text:
The Raw Food World > Superfoods > Organic Raw Maca Powder 16oz
Organic Raw Maca Powder 16oz
Maca is an Andean superfood esteemed by the Inca as a source of vitality, fertility, energy, and power. This powerful root only grows at extremely high elevations in the Peruvian Andes. Maca is a potent whole food source of vitamins, minerals and amino acids and a highly popular superfood worldwide.n.
Maca is a high energy, immune boosting adaptogenic root that naturally increases mood, vitality, and stamina. This superfood adaptogen provides sustained energy without caffeine while responding to the bodies needs on an individual basis.
The Inca revered this high energy food for its ability to enhance physical strength and endurance, likely due to its ability to aid the body in absorbing higher quantities of oxygen into the bloodstream. Inca warriors would feast on it for days before long hunts or battles and the women of the tribe would sometimes go into hiding when the maca fueled Inca warriors returned from their journey because they knew the libido of the returning men would be in full affect.
Maca helps the body to balance and regulate hormones by stimulating and supporting the pituitary and hypothalamus glands, often called the bodies "master glands". By promoting optimal function of these glands, this adaptogenic superfood helps maintain vital function of the thyroid, adrenal, testicular, ovary, and pancreas glands.
The extreme conditions in which maca thrives reflects in its ability to aid the body in acquiring more oxygen in the blood, thus increasing stamina and strength without any of the jittery side effects of stimulants like coffee.
This adaptogenic root is loaded with minerals such as Iodine, Calcium, Sulfur, Phosphorous, Selenium, Manganese, Potassium, Zinc, Bismuth, as well as vitamins B1, B2, C, E, immune enhancing sterols, and amino acids. The amazing vitamin and mineral content of this food make it a healthy addition to one's daily diet.
Amino Acids
Calcium Phosphorous
Vitamin C
Vitamin E
Wild Crafted
Gluten Free
Dairy Free
USDA Organic
Our Organic Raw Premium Maca is the raw, air-dried fine powder of a cruciferous Lepidium meyenii root that grows only at high elevations of 3500 meters above sea level in the Andes of South America. Our maca rootis cultivated on small family owned farms in the plateaus of the Peruvian Andes mountains where pristine air and immaculate spring water feeds this root that thrives where few other plants can survive. The personal relationships that have developed between ourselves and the small farms that produce these superfoods allows us to guarantee that only the highest quality and integrity product is supplied by Alpha Naturals. This product is harvested by hand in small sustainable family farms high in the Andes of Peru and air-dried before it is milled into a fine powder at temperatures below 46°C. Our intimate relationship with the family farmers of our Maca gives Alpha Naturals access to the highest purity and integrity product in the world and unrivaled quality control.
Our Organic Raw Premium Maca is independently lab tested before it is approved by Alpha Naturals for wholesale export to ensure only the highest quality, purest superfoods reach our customers.


text:
Reports indicate young Ganso is Leo top transfer request. From what I have seen of the kid, limited as it may be, he is awesome. From what I have heard, limitless tho it is, he is super awesome.
I hope this happens. One for the future, and much more of a finished article than young Coutinho. Ganso is 21.
Can Inter sign a Brasilian this winter, or do we have to wait till the summer due ot those stupid new Lega laws regulating non-EU buys.


text:
Yesterday in the afternoon, Sid and Nish were engrossed in some conversation. I stopped to listen and I heard Nish tell Sid, OK, now you are the lion and I am broccoli! I wondered what on earth they were playing and where this bizarre introduction would lead the two so i waited to listen some more. Nish continued unperturbed by my presence…"now broccoli is walking in the forest and you are roaring loudly…you have a thorn in your leg. Now roar!" Sid the lion complied with a fairly ferocious roar and then winced saying ouch ouch leg paining!
FInally figured out they were acting out Androcles and the Lion! Over dinner i told them the story again, this time stressing on the name Androcles (although i quite liked the Broccoli version myself).
Another funny thing was Sid's reaction to Nish yesterday. Nish was hogging some toy and simply refusing to give Sid a turn. Sid reasoned with him (we had a long chat day before and decided we were all going to keep our cool and not yell at each other…Sid is taking that quite seriously!). "You play for 5 minutes, then it's my turn" Sid said. "No" replied Nish. "my toy!" Sid looked at him, most exasperated, put his hands out in front of him and very seriously exclaimed: That is absolutely RIDICULOUS!!!" (pronounced reeeeediclus). Nish just looked at him, then turned to me and asked 'what is he saying??" Reediclus reediclus reediclus went Sid and I left the room because i was ready to burst with laughter.
I now also know what my expressions and gestures probably look like!