Michael Wallace Quotations

We've all been friends and have been jamming together for a lot of years, so there is a lot of history between us and because of all the time spent jamming, we have almost a sixth sense about each other while playing.

If they staggered it they'd probably have a better success rate of less violence.

I think they needed to do it. They might as well do it now while they have a leading position.

I think there is another shoe to drop here.

We do some newer songs too by artists like The Goo Goo Dolls, Jack Johnson and Jet.

We believe there is no issue here -- there is no fundamental change in the way the company is handling its collections.

We would not read too much into the weak sales for Activision, since most of its key titles for the quarter aren't expected out until September.

Transitions are always tougher than expected, and we still think the next few months could provide a better chance to buy the group at lower prices.

We expect these moves to hurt near-term results. We also expect both companies to be very conservative with (fiscal 2007) guidance, which could lead to more estimate cuts.

So that?s a little way away if you have an emergency.

People who invest in these companies should not pay attention to quarter-to-quarter numbers, ... They should look at the yearly numbers. You need to take a long term approach.

Despite our expectations for slight growth this year, we remain cautious on the industry heading into 2006 due to the transition.

As AOL continues to expand onto non-PC services, we believe their ability to create seamless integration between their core PC service and new services like AOL TV will be key to AOL Anywhere's success,

The bottom line is, 'Who makes the best software?' ... If there are no compelling titles for the X-Box, then people won't buy it. What Microsoft needs to do is come up with some killer games. If companies just port existing titles over to the X-Box, then it's not going to work.

Alan Greenspan is not going anywhere for what we expect will be the next four years, which is a strong plus for the economy, Greenspan will be there to advise on fiscal policy and adjust monetary policy based on the administration's policies.

The modem shortage was well documented. We knew it was going to bring the subscriber numbers in short. But they still managed to come in above the top and bottom line (forecast), which I thought was pretty good.

This happens every time there is a console transition. The only thing you can count on is that the transition will likely be harder than anyone expects it to be.

It was a very high-stress environment to work in.

It's a good move for Terra because it gives them the number four Web player in the U.S. and a top-10 player in some of the major European markets. From the Lycos perspective, it helps them in Spain and Latin America and that's about it.

It's a hit strewn business, ... Much like the movie business, you need to come up with something new and exciting. If there are expectations for a product that doesn't pan out, then you're in trouble.

It may take a while for the economy to catch up with (Fed) policy moves. In that case, they're moving toward this more neutral area.

Then suddenly, I was a little older and life started to happen. I went to work and the band thing fell to the side. I lived my life, got married, had kids and now I'm back out playing with the boys and it still feels the same only we sound a lot better.

It's simply too difficult to quantify at this stage what kind of economic impact any of these policies will have because who knows if they will ever make it through Congress. But from both a market point of view and from an economic point of view, the best possible scenario would be gridlock. It means they have to come together and do something more reasonable than more extreme. And that's what everyone out there wants.

The biggest issue really is the time they're letting people out into the street at one time.

It seems as if we are getting a little bit of dominance at the long end that is helping to drag up prices across the rest of the curve.

They can?t afford or appear to be unprepared.

These people were shot down, make no mistake about it, without any opportunity to come down, ... I think what happened is that the right hand didn't know what the left hand was doing.

The interest rate markets have moved to swiftly price in one last act of enlightened risk management from Greenspan in the form of a tightening pause.

If you look at where the market's going, they're not just video game machines anymore. Microsoft is not getting into this to sell video games ... They don't want to give up control of the living room to Sony.

In the computer software market, investors are looking for predictable earnings. Sierra would certainly be in that category.