8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported)	November 2, 2006
	(November 2, 2006)

Commission	Name of Registrants, State of Incorporation,	I.R.S. Employer
File Number	Address and Telephone Number	Identification No.
001-32462	PNM Resources, Inc.	85-0468296
	(A New Mexico Corporation)
	Alvarado Square
	Albuquerque, New Mexico 87158
	(505) 241-2700
001-06986	Public Service Company of New Mexico	85-0019030
	(A New Mexico Corporation)
	Alvarado Square
	Albuquerque, New Mexico 87158
	(505) 241-2700
002-97230	Texas-New Mexico Power Company	75-0204070
	(A Texas Corporation)
	4100 International Plaza,
	P.O. Box 2943
	Fort Worth, Texas 76113
	(817) 731-0099
______________________________
(Former name, former address and former fiscal year, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)

[] Pre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 240.13e-4(c)

Item 2.02Results of Operations and Financial Condition.

On November 2, 2006, PNM Resources, Inc. (the “Company”) issued a press release announcing its preliminary unaudited results of operations for the nine months ended September 30, 2006. The press release is furnished herewith as Exhibit 99.1 and incorporated by reference herein.

The Company’s press release and other communications from time to time may include certain non-Generally Accepted Accounting Principles ("GAAP") financial measures. A “non-GAAP financial measure” is defined as a numerical measure of a company’s financial performance, financial position or cash flows that excludes (or includes) amounts that are included in (or excluded from) the most directly comparable measure calculated and presented in accordance with GAAP in the Company’s financial statements.

Non-GAAP financial measures utilized by the Company include presentations of revenues, operating expenses, operating income, other income and deductions, net income, earnings per share and other GAAP measures of operating performance that exclude or include the effect of litigation settlements, accounting or regulatory changes, the restructuring of selected operations, certain merger activities and other similar events. The Company’s management believes these non-GAAP financial measures provide useful information to investors by removing the effect of variances in GAAP reported results of operations that are not indicative of fundamental changes in the earnings capacity of the Company’s operations. Management also believes that the presentation of the non-GAAP financial measures is consistent with its past practice, as well as industry practice in general, and will enable investors and analysts to compare current non-GAAP measures with non-GAAP measures presented in prior periods. The non-GAAP financial measures used by the Company should not be considered in isolation or as a substitute for measures of performance prepared in accordance with GAAP.

Also, in providing ongoing earnings guidance, there could be differences between ongoing earnings and GAAP earnings for matters such as, but not limited to, acquisition integration costs. Company management is generally not able to estimate the impact, if any, on GAAP earnings of such items. Therefore, the Company is generally not able to provide a corresponding GAAP equivalent for earnings guidance.

Limitation on Incorporation by Reference

In accordance with general instruction B.2 of Form 8-K, the information in this report, including exhibits, is furnished pursuant to Item 2.02 and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, or otherwise subject to the liability of that section and not deemed incorporated by reference in any filing under the Securities Act of 1933.

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Item 9.01Financial Statements and Exhibits.

(d) Exhibits:

Exhibit NumberDescription

99.1 Press Release dated November 2, 2006, and PNM Resources, Inc. and Subsidiaries Preliminary Unaudited Condensed Consolidated Statements of Earnings for the nine months ended September 30, 2006 and 2005, and other preliminary financial information.

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SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrants have duly caused this report to be signed on their behalf by the undersigned thereunto duly authorized.

	PNM RESOURCES, INC.
	PUBLIC SERVICE COMPANY OF NEW MEXICO
	TEXAS-NEW MEXICO POWER COMPANY
	(Registrants)
Date: November 2, 2006	/s/ Thomas G. Sategna
	Thomas G. Sategna
	Vice President and Corporate Controller
	(Officer duly authorized to sign this report)

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EX-99.1

EXHIBIT 99.1

PNM Resources 3^rd Quarter Ongoing Earnings Up 39.1 Percent

New plant acquisitions and improved power plant performance key drivers

2006 guidance range reaffirmed

2006 THIRD QUARTER SUMMARY

·   GAAP (generally accepted accounting principles) earnings per diluted share of $0.62, up from $0.41 per diluted share in 2005

·   Ongoing earnings per diluted share of $0.63, compared to $0.46 per diluted share in 2005. Ongoing earnings up 39.1 percent to $44.4 million

·   New plant acquisitions contribute to earnings

·   Performance at baseload power plants improves

·   Rate reductions and lower usage impact utility results

(ALBUQUERQUE, N.M.) - PNM Resources (NYSE: PNM) today reported unaudited third quarter 2006 consolidated ongoing earnings per diluted share of $0.63 compared with $0.46 during the same period in 2005. The company also reported 2006 unaudited consolidated GAAP earnings per diluted share of $0.62, compared with $0.41 for the quarter in 2005.

Ongoing earnings exclude acquisition-related costs and other non-recurring gains and charges. A reconciliation of ongoing earnings to GAAP earnings is provided on the accompanying Schedule 1.

Strong performance at the PNM San Juan Generating Station, the Four Corners Plant and improved performance at the Palo Verde Nuclear Generating Station increased consolidated margin by creating additional marketing opportunities and reducing power purchases needed to meet jurisdictional and wholesale obligations. Also, the acquisition of the Twin Oaks Power facility continues to be a strong contributor to earnings.

“In addition to improved plant performance, First Choice Power continued its trend of strong earnings,” said Jeff Sterba, chairman, president and CEO. “The current earnings of PNM gas and electric utilities are declining despite solid customer growth, underscoring the need for rate adjustments. In May we filed for a gas rate increase of $20.7 million and we will file an electric rate case either late this year or early next year with any rate change to be effective January 2008.”

THIRD QUARTER PERFORMANCE SUMMARY

PNM Resources reported unaudited ongoing quarterly earnings available to common shareholders of $44.4 million, an increase of 39.1 percent compared with 2005. Consolidated quarterly GAAP earnings were $43.8 million, compared with $28.5 million in 2005.

Improved performance at baseload power plants, coupled with the Twin Oaks acquisition, contributed significantly to consolidated results. Growth of long-term wholesale contracts and higher market price spreads improved margins.

Electric utility operations in Texas and New Mexico were negatively impacted by rate reductions and reduced usage resulting from cooler weather.

YEAR-TO-DATE PERFORMANCE SUMMARY

For the nine months ended September 30, unaudited ongoing net earnings available to common shareholders totaled $88.8 million, or $1.27 per diluted share. For the same period in 2005, the company reported ongoing net earnings of $75.0 million, or $1.16 per diluted share. GAAP reported net earnings for the first nine months of 2006 totaled $86.5 million, or $1.24 per diluted share, compared with $60.5 million, or $0.92 per diluted share, in 2005.

First Choice Power was a strong contributor to consolidated earnings. Reduced natural gas consumption in PNM’s gas operations, coupled with electric rate reductions in Texas and New Mexico by both PNM and TNMP, negatively impacted earnings. Poor performance at Palo Verde earlier in the year largely offset contributions of strong wholesale marketing activities. For the year, the Twin Oaks acquisition significantly contributed to consolidated earnings.

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QUARTER SEGMENT REPORTING

Regulated Operations

PNM - a natural gas and vertically integrated electric utility in New Mexico with distribution, transmission and generation assets.

·   Electric: PNM electric operations reported quarterly operating revenues of $161.7 million, down slightly compared with the same period in 2005. Margin increased slightly to $112.3 million. The 2.5 percent rate reduction that went into effect in September 2005 and lower usage due to cooler temperatures resulted in reduced margin. Retail customer growth was 3.0 percent.

·   Gas: PNM gas operations reported quarterly margin of $25.4 million, a slight increase compared with 2005. Customer growth of 2.4 percent was offset by the impact of lower per-customer usage.

Texas-New Mexico Power- a vertically integrated electric utility in New Mexico and a transmission-distribution company in Texas.

·   TNMP reported 2006 quarterly operating revenues of $70.2 million, a 1.7 percent decrease compared with the same period in 2005. Gross margin decreased 7.5 percent to $42.3 million, compared with 2005. The reduction in revenue and margin was primarily driven by reduced usage and New Mexico rate reductions that became effective January 2006.

Unregulated Operations

Wholesale -the Electric Wholesale business segment consists of the sale of electricity into wholesale markets.

·   Quarterly operating revenues increased 13.8 percent to $204.7 million and margin increased to $62.9 million, largely due to the addition of Twin Oaks, including the impacts of purchase accounting. Increased wholesale marketing activity, based on improved power plant availability, also contributed to the increase.

First Choice Power - a competitive retail electric provider in Texas.

·   First Choice reported 2006 quarterly operating revenues of $187.0 million, an increase of 20.3 percent compared with the same period in 2005. Gross margin increased 17.0 percent to $40.6 million, mainly driven by increases in customer growth and reduced gas prices.

·   Net customer growth was 12.8 percent.

EARNINGS GUIDANCE RANGE REAFFIRMED

The company today reaffirmed its 2006 ongoing earnings guidance range of $1.65 to $1.90. Management expects year-end results to be near the middle of the range.

THIRD QUARTER EARNINGS WEB CAST

PNM Resources will conduct its third quarter 2006 earnings conference call and Web cast for investors and analysts at 9 a.m. EST Friday, Nov. 3.

Participants in the United States call:	(800) 901-5247
Participants outside the United States call:	(617) 786-4501
Pass code:	95620579

The call will be broadcast live and the presentation available at www.PNMResources.com.

A transcript of the call also will be on PNM Resources’ Web site as soon as possible.

A replay of the conference call will be available through Nov. 10, 2006:

Participants in the United States call:	(888) 286-8010
Participants outside the United States call:	(617) 801-6888
Pass code:	99037035

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Background:

About PNM Resources

PNM Resources (NYSE: PNM) is an energy holding company based in Albuquerque, N.M., with 2005 consolidated operating revenues of $2.1 billion. Through its utility and energy service subsidiaries, PNM Resources supplies electricity to 788,000 homes and businesses in New Mexico and Texas and natural gas to 482,000 customers in New Mexico. Its utility and generation subsidiaries are PNM, Texas-New Mexico Power and Altura Energy. Other subsidiaries include First Choice Power, a deregulated competitive retail electric provider in Texas and Avistar, an energy research and development company. PNM Resources has generation resources of approximately 2,840 megawatts and sells power on the wholesale market throughout the Southwest, Texas and the West. For more information, visit PNMResources.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

Statements made in this release that relate to future events or the Company's expectations, projections, estimates, intentions, goals, targets and strategies are made pursuant to the Private Securities Litigation Reform Act of 1995. You are cautioned that all forward-looking statements are based upon current expectations and estimates and the Company assumes no obligation to update this information. Because actual results may differ materially from those expressed or implied by these forward-looking statements, the Company cautions you not to place undue reliance on these statements. The Company’s business, financial condition, cash flow and operating results are influenced by many factors, which are often beyond its control, that can cause actual results to differ from those expressed or implied by the forward looking statements. These factors include the potential unavailability of cash from the Company’s subsidiaries due to regulatory, statutory and contractual restrictions, the outcome of any appeals of the Public Utility Commission of Texas order in the stranded cost true-up proceeding, the ability of First Choice Power to attract and retain customers, changes in Electric Reliability Council of Texas protocols, changes in the cost of power acquired by First Choice Power, collections experience, insurance coverage available for claims made in litigation, fluctuations in interest rates, the risk that the Twin Oaks power plant will not be successfully integrated into PNMR, conditions in the financial markets affecting the Company's permanent financing for the Twin Oaks power plant acquisition, weather, water supply, changes in fuel costs, availability of fuel supplies, the effectiveness of risk management and commodity risk transactions, seasonality and other changes in supply and demand in the market for electric power, variability of wholesale power prices and natural gas prices, volatility and liquidity in the wholesale power markets and the natural gas markets, changes in the competitive environment in the electric and natural gas industries, the performance of generating units, including PVNGS, and transmission systems, the market for electrical generating equipment, the ability to secure long-term power sales, the risks associated with completion of the construction of generation, including the expansion of the Afton Generating Station, transmission, distribution and other projects, including construction delays and unanticipated cost overruns, state and federal regulatory and legislative decisions and actions, the outcome of legal proceedings, changes in applicable accounting principles and the performance of state, regional and national economies. For a detailed discussion of the important factors that affect the Company and that could cause actual results to differ from those expressed or implied by the Company's forward-looking statements, please see "Management's Discussion and Analysis of Financial Condition and Results of Operations" in the Company's current and future Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q and the Company's current and future Current Reports on Form 8-K, filed with the SEC.

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PNM Resources

Schedule 1:

3^rd Quarter 2006 Reconciliation of Ongoing Earnings to GAAP Earnings

Third Quarter

	Quarter Ended Sept. 30,
	2006				2005
	Earnings		Diluted		Earnings		Diluted
	(in 000s)		EPS		(in 000s)		EPS
Net Earnings Available to Common Shareholders	$	43,844	$	0.62	$	28,483	$	0.41
Adjustments for Acquisition and Other Non-
Recurring Charges (net of income tax effects):
Acquisition Integration Costs		568		0.01		2,648		0.04
Refinancing		--		--		793		0.01
Software Write-off		--		--		--		--
Regulatory Liability		--		--		--		--
Total Adjustments		568		0.01		3,441		0.05
Net Ongoing Earnings Available to Common Shareholders	$	44,412	$	0.63	$	31,924	$	0.46
Avg. Diluted Shares - GAAP		70,761				69,533
Avg. Diluted Shares - Ongoing		70,761				69,533

Year-to-Date

	Year-to-Date Sept. 30,
	2006				2005
	Earnings		Diluted		Earnings		Diluted
	(in 000s)		EPS		(in 000s)		EPS
Net Earnings Available to Common Shareholders	$	86,476	$	1.24	$	60,533	$	0.92
Adjustments for Acquisition and Other
Non-Recurring Charges (net of income tax effects):
Acquisition Integration Costs		2,277		0.03		5,421		0.08
Refinancing		--		--		4,988		0.10
Software Write-off		--		--		2,690		0.04
Regulatory Liability		--		--		1,399		0.02
Total Adjustments		2,277		0.03		14,498		0.24
Net Ongoing Earnings Available to Common Shareholders	$	88,753	$	1.27	$	75,031	$	1.16
Avg. Diluted Shares - GAAP		69,784				65,769
Avg. Diluted Shares - Ongoing		69,784				64,781		(a	)

^(a) Diluted shares used to calculate ongoing earnings per share assume that 3,910,000 shares of PNM Resources common stock issued in March 2005 for the TNP acquisition financing instead were issued June 6, 2005, the closing date of the TNP acquisition.

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PNM RESOURCES, INC. AND SUBSIDIARIES

PRELIMINARY CONDENSED CONSOLIDATED STATEMENT OF EARNINGS

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2006			2005			2006			2005
				(In thousands, except per share amounts)
Operating Revenues:
Electric	$	580,967		$	518,529		$	1,506,786		$	1,103,648
Gas		69,001			78,258			345,346			325,752
Other		197			330			503			884
Total operating revenues		650,165			597,117			1,852,635			1,430,284
Operating Expenses:
Cost of energy sold		366,688			362,863			1,099,160			848,532
Administrative and general		69,599			60,589			201,215			154,684
Energy production costs		38,489			36,526			119,790			112,364
Depreciation and amortization		39,899			36,847			112,182			101,311
Transmission and distribution costs		19,723			21,179			60,087			50,292
Taxes, other than income taxes		18,382			17,184			53,607			36,626
Income taxes		20,847			11,771			37,284			21,795
Total operating expenses		573,627			546,959			1,683,325			1,325,604
Operating income		76,538			50,158			169,310			104,680
Other Income and Deductions:
Interest income		9,902			10,760			28,969			31,682
Other income		1,167			5,433			6,256			11,777
Carrying charges on regulatory assets		2,038			1,910			6,015			2,435
Other deductions		(1,519	)		(6,360	)		(5,532	)		(10,038	)
Other income taxes		(3,979	)		(4,168	)		(12,914	)		(12,729	)
Net other income and deductions		7,609			7,575			22,794			23,127
Interest Charges		40,171			28,714			105,232			64,538
Preferred Stock Dividend Requirements
of Subsidiary		132			536			396			2,736
Net Earnings	$	43,844		$	28,483		$	86,476		$	60,533
Net Earnings per Common Share
Basic	$	0.63		$	0.41		$	1.25		$	0.93
Diluted	$	0.62		$	0.41		$	1.24		$	0.92
Dividends Declared per Common Share	$	0.22		$	0.40		$	0.66		$	0.59

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PNM RESOURCES, INC. AND SUBSIDIARIES

PRELIMINARY COMPARATIVE OPERATING STATISTICS

The following table shows PNM Electric revenues by customer class and average customers:

PNM Electric Revenues

	Nine Months Ended
	September 30,
	2006		2005		Variance
	(In thousands, except customers)
Residential	$	168,138	$	165,638	$	2,500
Commercial		193,575		192,979		596
Industrial		47,070		46,597		473
Transmission		21,913		15,325		6,588
Other		16,133		15,369		764
Total	$	446,829	$	435,908	$	10,921
Average customers		428,731		416,417		12,314

The amounts for average customers reflect traditional electric customers only and do not include transmission customers.

The following table shows PNM Electric sales by customer class:

PNM Electric Sales

	Nine Months Ended
	September 30,
	2006		2005		Variance
	(Megawatt hours)
Residential		2,092,291		2,014,615		77,676
Commercial		2,741,777		2,661,667		80,110
Industrial		999,991		967,269		32,722
Other		198,231		195,496		2,735
Total		6,032,290		5,839,047		193,243

The megawatt hours shown above reflect traditional electric revenues only; transmission does not have associated megawatt hours in a comparable fashion.

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PNM RESOURCES, INC. AND SUBSIDIARIES

PRELIMINARY COMPARATIVE OPERATING STATISTICS

The following table shows TNMP Electric revenues by customer class and average customers:

TNMP Electric Revenues

	Nine Months Ended September 30,
			Post-Acquisition		Pre-Acquisition
	2006		June 6 - September 30(1)		January 1 - June 6(1)		Total 2005		Variance
	(In thousands, except customers)
Residential	$	68,771	$	36,333	$	35,118	$	71,451	$	(2,680	)
Commercial		68,752		30,151		38,685		68,836		(84	)
Industrial		28,052		13,124		22,811		35,935		(7,883	)
Other		28,807		11,068		16,206		27,274		1,533
Total	$	194,382	$	90,676	$	112,820	$	203,496	$	(9,114	)
Average customers		262,330						257,601		4,729

The following table shows TNMP Electric sales by customer class:

TNMP Electric Sales

	Nine Months Ended September 30,
			Post-Acquisition		Pre-Acquisition
	2006		June 6 - September 30(1)		January 1 - June 6(1)		Total 2005		Variance
	(Megawatt hours)
Residential		2,134,025		1,224,681		959,226		2,183,907		(49,882	)
Commercial		2,123,641		870,043		889,023		1,759,066		364,575
Industrial		1,459,133		660,034		977,219		1,637,253		(178,120	)
Other		93,349		41,922		50,675		92,597		752
Total		5,810,148		2,796,680		2,876,143		5,672,823		137,325

(1)   Under the Texas Electric Choice Act, customers of TNMP in Texas have the ability to choose First Choice or any other Retail Electric Provider (“REP”) to provide energy; however, TNMP delivers energy to customers within TNMP's service area regardless of the REP chosen. Therefore TNMP earns revenue for that delivery and First Choice earns revenue on the usage of that energy by its customers. The average customers reported above include 146,366 and 158,277 customers of TNMP at September 30, 2006 and 2005, respectively, who have chosen First Choice as their REP. The megawatt hours reported include 1,835,969 and 2,044,963 megawatt hours used by customers of TNMP during the nine months ended September 30, 2006 and 2005, respectively, who have chosen First Choice as their REP. These customers and megawatt hours are also included below in the First Choice segment. For PNMR consolidated reporting purposes, these are included only once in the consolidated amounts.

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PNM RESOURCES, INC. AND SUBSIDIARIES

PRELIMINARY COMPARATIVE OPERATING STATISTICS

The following table shows PNM Gas revenues by customer class and average customers:

PNM Gas Revenues

	Nine Months Ended
	September 30,
	2006		2005		Variance
	(In thousands, except customers)
Residential	$	214,703	$	185,821	$	28,882
Commercial		69,668		57,581		12,087
Industrial		3,219		1,523		1,696
Transportation (1)		10,136		10,193		(57	)
Other		48,006		71,239		(23,233	)
Total	$	345,732	$	326,357	$	19,375
Average customers		480,761		470,026		10,735

The following table shows PNM Gas throughput by customer class:

PNM Gas Throughput

	Nine Months Ended
	September 30,
	2006		2005		Variance
	(Thousands of decatherms)
Residential		17,470		18,970		(1,500	)
Commercial		6,877		7,115		(238	)
Industrial		395		212		183
Transportation (1)		29,171		27,586		1,585
Other		5,395		8,834		(3,439	)
Total		59,308		62,717		(3,409	)

(1) Customer-owned gas.

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PNM RESOURCES, INC. AND SUBSIDIARIES

PRELIMINARY COMPARATIVE OPERATING STATISTICS

The following table shows Wholesale revenues by customer class:

Wholesale Revenues

	Nine Months Ended
	September 30,
	2006		2005		Variance
	(In thousands)
Long-term contracts	$	196,575	$	115,238	$	81,337
Short-term sales (1)		342,108		338,903		3,205
Total	$	538,683	$	454,141	$	84,542

The following table shows Wholesale sales by customer class:

Wholesale Sales

	Nine Months Ended
	September 30,
	2006		2005		Variance
	(Megawatt hours)
Long-term contracts		2,999,905		1,940,063		1,059,842
Short-term sales		5,508,962		6,375,214		(866,252	)
Total		8,508,867		8,315,277		193,590

(1) For comparative purposes, wholesale revenues for the nine months ended September 30, 2006 and 2005 have not been reclassified to a net margin basis in accordance with GAAP. The impact would be to reduce nine months ended September 30, 2006 and 2005 short-term sales revenues by $20.8 million and $27.6 million, respectively.

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PNM RESOURCES, INC. AND SUBSIDIARIES

PRELIMINARY COMPARATIVE OPERATING STATISTICS

The following table shows First Choice revenues by customer class and average customers:

First Choice Electric Revenues

	Nine Months Ended September 30,
			Post-Acquisition		Pre-Acquisition
	2006		June 6 - September 30(1)		January 1 - June 6(1)		Total 2005		Variance
	(In thousands, except customers)
Residential	$	267,878	$	131,278	$	98,161	$	229,439	$	38,439
Mass-Market		65,919		31,823		31,048		62,871		3,048
Mid-Market		89,941		27,844		39,800		67,644		22,297
Other		23,224		7,565		7,402		14,967		8,257
Total	$	446,962	$	198,510	$	176,411	$	374,921	$	72,041
Actual customers (2)		233,941						214,009		19,932

The following table shows First Choice sales by customer class:

First Choice Electric Sales

	Nine Months Ended September 30,
			Post-Acquisition		Pre-Acquisition
	2006		June 6 - September 30(1)		January 1 - June 6(1)		Total 2005		Variance
	(Megawatt hours)
Residential		1,911,496		1,093,015		835,066		1,928,081		(16,585	)
Mass-Market		440,422		260,607		283,370		543,977		(103,555	)
Mid-Market		823,931		304,024		422,629		726,653		97,278
Other		38,089		16,514		24,418		40,932		(2,843	)
Total		3,213,938		1,674,160		1,565,483		3,239,643		(25,705	)

(1)   See note above in the TNMP Electric segment discussion.

(2)   Due to the competitive nature of First Choice’s business, actual customer count at September 30 is presented in the table above as a more representative business indicator. First Choice had 218,093 average customers and 216,313 average customers for the nine months ended September 30, 2006 and 2005, respectively.

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