The parts of the nail are the head, shank or shaft, point, and the gripper marks

The parts of the nail are the head, shank or shaft, point, and the gripper marks – slight grooves incised into the shank near the head of most (but not all) varieties of nails. The nail functions by displacing wood fibers when it is pounded into the workpiece, and the pressure exerted against the shaft by the displaced wood provides the holding power. Nails are sometimes referred to by their length in inches, but more often the traditional terminology of the penny is used. Dating from the days when nails cost a lot more than they do today, the term penny identifies the size of a nail. In an earlier era, one hundred nails of a certain size cost three pennies; hence the name “threepenny nail.” One hundred nails of the next size cost four pennies, and so on. The pricing structure has long since been abandoned (today, nails are sold by the pound), but the nomenclature of the penny survives. The word penny is often abbreviated in the British style by the letter d (for denarius, a Roman coin) — as in “3d nails,” for example, to identify “threepenny nails.” Nails shorter than one inch are generally identified by fractions of an inch rather than by pennies. Wire nails are indeed the rul...

Edited Transcript of PEN earnings conference call or presentation 6-Aug-19 8:30pm GMT

ALAMEDA Sep 5, 2019 (Thomson StreetEvents) — Edited Transcript of Penumbra Inc earnings conference call or presentation Tuesday, August 6, 2019 at 8:30:00pm GMT Good afternoon. My name is Chantal, and I will be your conference operator today. At this time, I would like to welcome everyone to Penumbra Second Quarter 2019 Conference Call. (Operator Instructions) Thank you. I would like to introduce Ms. Jee Hamlyn-Harris, Investor Relations Penumbra. Ms. Hamlin Harris, you may begin your conference. Thank you, operator, and thank you all for joining us on today’s call to discuss Penumbra’s earnings release for the second quarter 2019. A copy of the press release and financial tables, which includes the GAAP to non-GAAP reconciliation can be viewed under the Investors tab on our company website at www.penumbrainc.com. During the course of this conference call, the company will make forward-looking statements pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding our financial performance, commercialization, clinical trials, regulatory status, quality, compliance and business trends. Actual res...