Result Quotations | Page 3

We feel bad that the stock has drifted down as low as it did, ... Hopefully the results this quarter and the visibility of our programs will make people somewhat more comfortable about what the program is as we go out into '06 and '07.

We experienced another record year of business results despite many challenges. In particular, the Asia region rebounded nicely and our consumer business experienced a significant increase in revenue. Although we remain guarded in the near term about business PC growth rates, we look forward to the tremendous opportunity in front of us with the Windows 2000 generation of server products.

We expect we will recover nearly all of the resulting lost sales during the next few months.

We expect weak household consumption, business investment and inventory run down to result in a negative headline number.

We expect very significantly higher prices, higher deductibles and tighter terms and conditions as a result of Katrina. For the next year or two, underwriting results, absent another large catastrophe, should be very, very strong.

VeloNews.com hit on all cylinders this July. We upgraded to one of the world's fastest server farms to handle 100mb traffic spikes, sold out the site ad wise, delivered exclusive Tour video highlights on demand and had our largest-ever crew of contributors reporting daily. The result was monster traffic and some very pleased visitors and advertisers.

Ultimately, we believe one standard is far preferable to multiple standards. Consumers will delay their purchase if there's confusion, and that results in a market stagnation for everyone.

Ultimately this is about enabling mainstream adoption of user experience within both business and end-user applications, resulting in richer differentiated experiences on the web and the smart client that promote business opportunity and productivity

Ultimately, I hypothesize that technology will one day be able to recreate a realistic representation of us as a result of the plethora of content we're creating converging with other advances in machine learning, robotics and large-scale data mining.

Ultimately, if employees are given the choice to watch key matches it may result in reduced absenteeism and a more responsible approach to personal workloads.