Second quarter onwards, we expect better results based on new launches and acquisitions.

It's not a very substantial positive for the company given the fact that a generic version is already out there.

Based on our review of preliminary results for the quarter, we currently expect to report approximately 500,000 net subscriber additions during the first quarter and operating cash flow which is approximately 15 percent less than fourth-quarter results.

Looking to the fourth quarter, we expect to continue to benefit from recent acquisitions, our cost reduction program, and the seasonal strength of our packaging and consumer business, ... However, we also expect the softness to continue in the construction, transportation, building and distribution markets and see no relief from the higher energy prices.

There are discounts on the per-user pricing from the second year onwards.

We did not see anything in the second quarter results that would cause us to alter our full year 2005 stand-alone estimate for Federated of $4.58 per share,