When the euphoria generated by the flurry of deals announced so far is over, the focus will switch over to earnings and there is cause for concern.

Deals like this allow both sides to focus on their core strengths, while having a more diversified presence through each other's products and offerings. I fully expect more activity in deals like this as we roll through the business cycle.

The reporting earnings season is bringing increasingly more positive than negative surprises.

We're positive on IT in Europe...it's different from the correction we've seen in the U.S..

First we launched free calls for our customers, today we're launching free broadband forever. Our focus will now be on processing all orders as quickly as possible. Demand is going to be enormous.

If you net out the impact [of the end of long-term ad deals], 2003 will be, on an operating basis, an up year, ... We don't want to make light of disappointing numbers. But as to the question of has AOL bottomed out yet as a business, we think the answer is yes.