There's so much supply it's become a chore for investors to say which is the best one to bet on. And when there's a downturn and things don't look good, people hold back.

They can't say we are overrated. Our teams have been successful. We are one of the best conferences in the nation.

It's clear the Internet will be a powerful new channel for distribution and information. We're seeing a lot of big players embrace the Internet.

If you look at this as a long-term investment, the sell-off that has occurred in the market is very timely. I think it's a godsend to have the advantage of much lower prices to launch the fund.

If I'm one of the investors that got in early, I'm going to take some off the table, ... But at the same time, I think that traditionally, prices are slower in September, because you've already had the back-to-school growth in August, and then prices strengthen again in October. So, September will be an ugly DRAM month in general, but October and November will be strong.

No one has developed active tuberculosis.