The growth outlook for Microsoft is very muted. To a large extent it's unexciting. They've been paddling really hard to create new avenues of growth but they're limited by the personal computer side of their business.

The food chain is a mess. A lot of their customers are in flux.

If our economy depends on options we have a huge problem on our hands. Please don't insult my intelligence that badly.

It's very important to get gross margins moving in the right direction.

The biggest problem is that you have reluctant sellers. There has not been enough pain yet.

It's profit taking. The market loves to do that. Good news hits the tape and investors sell into it.

It's hard to say how much progress the company's really making.

It's good that management is not going into a shell and saying they want to preserve cash for the rainiest of rainy days since it is already rainy.

AMD should keep flash memory for the diversification benefits of it. Flash memory gives AMD something to talk about when the microprocessors results are weak.

This doesn't change the size of the pie that people are fighting for. It just makes it more likely that Microsoft will get a bigger chunk of it without the government interfering.