I expect a high-tech rally in the next few days. The shares have been hammered too much and as the mainstay issues for foreign investors they will start to pick them up at these levels.

Tech stocks are boasting high multiples, Sony shares are trading at 44 times projected fiscal 2006 earnings and many others are exceeding the 21.8 average for all firms traded on the first section of the Tokyo Stock Exchange.

We would characterize today's rally in the tech sector as an oversold bounce.

We expect charges sometime in the next few days, and yes, we do know who the shooter is.

I don't see the incentive to tender our shares. We expect more, and hopefully we'll see more. There may be some players we're not aware of yet.

In high-tech like this, you're going to have that happen.