I would caution those who have large estimates for retail sales of this product, particularly in the fourth quarter. The product will launch in late June, so there will be insufficient time for re-sellers to re-order it.

Great caution should be given to the resumption of new share sales. The most important thing for the stock market now is stability.

This is slightly baffling, given that existing home sales have been strengthening, ... It may be a reflection of caution on the part of builders, who have been reluctant to keep pace with sales because of fear the market strength will not last.

This was an extremely difficult decision, but necessary in light of the very challenging telecom environment and our need to operate as cost-effectively as possible.

We are gratified that the quarter's results confirm that consumer demand remains strong for Microsoft products...but it is critical to note that our growth has slowed for each of the last four quarters and we are likely to experience slower growth for the balance of calendar 1998.

My resignation from Oracle is not a reflection on the company, its executives or employees.