It's a very loud distraction for the markets.

All told, we think that this is a great franchise and its valuation continues to be very compelling for investors.

We continue to be long-term believers in the productivity enhancing benefits that technology brings to corporations and consumers and we've seen a tremendous adoption of technology over the last few years.

In the first half of the year, investors really needed to be somewhat divorced from reality. It was not dissimilar to the first half of 2000, where investors ignored valuations. Now, investors have shifted their focus towards the latter half of the year and the idea that we've paid our price; that we'll benefit from monetary and fiscal stimuli working their way into the system. And I think they're right.

This says businesses are gradually, grudgingly putting money to work. They're still being cautious, but not as cautious as the data before this morning would have suggested.

They are 100 percent factual and accurate, and we stand behind them.