We have been on a high-growth path in India since we began our R&D services and financial services operations there in 2001. With the test and measurement market in India growing at an accelerated rate, we are expecting to triple the revenues from India in the next two to three years.

We're continuing to develop that concept for future growth.

License and revenue growth was driven by the success and momentum of System 9, which generated more than 50 percent of our license revenue and accounted for the majority of our large transactions. We're very pleased to report another quarter of strong execution during our exciting product launch.

This summer's hurricanes served as a trigger point to start slightly slower economic growth. Higher home heating costs, rising inflation and rising interest rate levels will cause some construction slowdowns.

If it weren't for Linda being concerned about our enrollment growth and our residence hall situation, I doubt we would have fast-tracked our new residence hall as we did,

It creates two classes of citizens: one who lives outside growth areas and those who live in a growth area. It's a distinction in class of citizens, which I objected to,