The challenge is to integrate Digital and have an effective enterprise solution strategy going forward. The PC business if fairly healthy, with the exception of the commercial space where there are some pricing pressures.

No surprise on the pre-announcement here. We know the PC industry has been weak.

The Nasdaq has largely been immune to the pullback in the Dow recently. Some of this response is overdue.

The software license revenue is widely viewed as a healthy barometer of their business. I think most of us were looking for growth in the 12- to 15-percent range, and we got 9 percent.

The PC stocks should do well in the second half of this year.

We may have hit bottom in Asia but it may not get better anytime soon.

From a purely technical standpoint, we could see the Nasdaq falling to 2,500 levels in the near term.