Test1-Part Two(2)

Speaker Two: In the end, you'd have to say we had a lucky escape, I mean, it could have been a lot worse.

It's very difficult to know where your brand is really positioned. . . we've always accepted that our research almost inevitably will be running a bit behind.

Consumer tastes change so quickly these days, and that's where we suffered, and lost market share.

The directors, once it was clear what was happening, attacked the problem and looked at various options.

They could have looked to generate revenues with a share issue, but I think they were right to go for clipping back by reducing expenditure wherever possible, you're better placed to re- group with a tight ship.

The plans to develop higher quality products for the future look pretty plausible now.