It appears that Intel's significant shortfall in Europe is company-specific, although the exact cause of the shortfall is still unclear.

I think the dominant theme is the extraordinary strength in the PC market and obviously the microprocessor market in the fourth quarter.

The classic pollution problems of the past are largely gone. Now, we are talking land-use issues. It's a trickier nut to crack.

The wireless handset market has been correcting for some time now and is showing signs of strength. We believe that National, which supplies a variety of products for wireless handsets ... is also well positioned to benefit. In our view, NSM is one of the most inexpensive stocks in our universe.

We think this is a more positive outlook than many on the Street were looking for and should have a positive influence on the stock.

Wal-Mart requested we participate in the RFID program for two reasons: One is our size. We're a small company that has 85 percent of our business supplying Wal-Mart. Second is our performance. In the 14 years we've been a Wal-Mart supplier we've never missed a ship date. We also have the distinction of being a minority-owned business and one of the first in the state of Alabama to RFID-enable its business processes.