A lot is going to hinge on how much credibility there is in the comments ... that the microprocessor business has stabilized.

Meanwhile, that's been in the midst of reasonably stable pricing in the processor business and I think that the stable pricing is about to come to an end. By the end of this year, we're going to see sharply eroding prices as we get into the first half of next year.

StorageTek gives Sun instant storage footprint, huge storage credibility, and a fantastic billion dollar service business. Sun gives StorageTek a whole new playground. Together, I can see grid computing and grid storage joining to provide some very powerful solutions moving forward.

Intel's pre-announcement goes a long way to explaining softness in the DRAM market. PCs consume well over one-half of all DRAMs.

Shorter-term investors should probably stick with names that can show some building momentum in [the first half of 2002].

I think a lot of people were a bit nervous about this quarter and there might be a bit of a collective sigh of relief that they pulled it out and that should be viewed positively. The second half of the year is likely to be a whole lot better.