War does not present a backdrop in which people follow their expectations of the future as if there wasn't a war. It's uncertainty that's unnerving investors.

Oracle is not the canary in the mineshaft, although some people think it might be. Oracle is not likely to be a positive catalyst. I'd be surprised if we didn't see a penny of upside on earnings. But they're going to achieve it because their costs were lower, not because their revenues were materially higher.

I'm puzzled that people are that negative [about Intel],

I think the stock had been very extended in terms of valuation, in any event, so I think it was very vulnerable to something like this,

I think the stock had been very extended in terms of valuation, in any event, so I think it was very vulnerable to something like this, ... I think that the valuation of the shares at several hundred times revenues was so extreme that it didn't take much.

Informix has strong products in a strong market.