1.   A new company, largely composed of untried broadcasters, was bound to make a few mistakes.

2.   Contracts have been arranged for the supply from other parts of BAe to enable the new company to operate autonomously.

3.   Every able-bodied man employed by the new company was eager to lend a hand with the new buildings.

4.   He split the company in half, and then sold both new companies to different buyers.

5.   Ian Bayer, chief executive of Hemlo Gold, will be president of the new company.

6.   IBM still holds shares in the new company.

7.   It expects all three new companies to have dividend policies comparable to similar companies in their industries.

8.   It went on, Past mistakes such as high absenteeism and poor quality will not be tolerated by the new company.