You throw a million shares onto the market, it will affect the price.

When I build something for somebody, I always add $50 million or $60 million onto the price. My guys come in, they say it's going to cost $75 million. I say it's going to cost $125 million, and I build it for $100 million. Basically, I did a lousy job. But they think I did a great job.

Small-cap stocks have continued to do well relative to large caps and higher valuations result in fewer compelling investment opportunities. Although the first increase did slow cash flows, we believe that further inflow reductions are appropriate. We may need to reinvest dollars from some winners into stocks we think are more attractive. Reduced inflows will create more flexibility to do that.

We can't get new parts, so we try to take care of these.

It's a bargain. I'd gladly pay him another $808.6 million to have him create another $65 billion in market cap.

The registrants acquired the shares because they believe that the shares are undervalued in the market place,