It has long been Hayes' vision to create a company that could provide a wide range of high quality communications products to serve the rapidly evolving virtual workplace. By combining the two companies, we expect to achieve significant synergies,

Motorola has led the mobile phone industry in turning our vision of low- cost, yet quality, handsets for the developing world into a reality. In so doing, Motorola has played a major role in transforming the mobile phone from a luxury item for the few into an affordable tool for the many.

Quality was not as high as we would have hoped. Company operated margins were lower than we were expecting.

We are interested in the assets of the company, but we viewed the assets in combination with the high quality management team, development and operating platform as being even more attractive.

The company offers chic clothing but we are also focused on the quality of the garments. H&M clothing offers high fashion and quality.

Technology is fine. . ., but that popular vision of the future, where you plug somebody in and leave them there and they don't get out and interact with actual flesh-and-blood humans -- you know the answer before I say it -- that's not good.