We are pleased that Constellation has offered a value that fully recognizes our strong brands, exceptional workforce and significant international growth opportunities.

We're combining our brands with the scale and distribution and marketing capabilities that the much larger Constellation brings to the party.

What has happened is prices have come down, and people have realized over time the real value of using the data warehouse to do business intelligence. Companies have become more comfortable. They're learning how to use the tools.

It (the office market) is changing, it starts with land value. Land values have probably shot up 100 percent in the past 24 months.

This accounting change in no way affects the actual value or security of our pension or post-retirement assets. No cash will leave the plan or flow back to Lucent as a result of this change.

Look: invest in what you understand, what's foreseeably going to offer real value and returns, not necessarily what's trendy.