All of a sudden long-term growth rate expectations have ratcheted down.

All of a sudden long-term growth rate expectations have ratcheted down,

CA isn't well positioned from a growth standpoint.

Advertising growth was in line with expectations following that statement. The outlook was encouraging without giving people too much to get excited about.

We're in a slower-growth environment and as Larry said, if you can get 10 percent growth from organic growth and 10 percent from acquisition, it adds cash and adds earnings. That's as long as they can make the integration work.

It's going to be a high growth rate indeed, but it's going to get to a point beyond 2006 when that rate of growth will slow.