Yesterday, a couple companies came in and surprised us. At this point in time, I'm inclined to take profits. I feel that we are fairly valued.

And unfortunately, this group probably has more digestion ahead of it.

Recent statistics have introduced an element of uncertainty into the economic recovery, ... We don't know if this is a cyclical, temporary slowdown or something more, and we're probably not going to have clarity on that until the fall.

We're reeling. Everything is up on the table and we are going to be under this cloud for a while. For a long time, people have been so focused on earnings that corporate America realized that they can get away with playing games with the balance sheet, and now it's catching up with them.

It is an alien place for me. Most of the locals here don't talk to us and there is a communication problem. And there is always fear of an attack.

Until recently Europe and the US have lagged behind Japan in their adoption of C-based ESL design technologies. This situation is changing fast and by teaming up with Philips TASS we will drive ESL in key markets and application areas.