We believe the video glitch with Front Row can be easily fixed with a software update.

We believe EMC is keeping expectations low to provide room for upside,

While investing in Dell shares now might not offer instant gratification, we believe investors with a longer-term horizon of 6-12 months will be rewarded.

While we believe the transition to Intel remains a risk, so far the impact has been negligible. We believe Mac momentum will likely carry into the December quarter.