Autonomy is getting half of its sales in the U.S., has laid out a solid strategy with original equipment manufacturers, has a solid management team and market opportunity,

You might see some profit taking given the share price increase... but it's still been a very solid quarter.

The challenge they face now is that because they've exceeded forecasts in the past they risk disappointing the market. History suggests that the Street migrates to the high end of their range or slightly above and that certainly sets a high bar for later in the year.

We continue to believe SAP is seeing an improving IT-spending environment and is taking market share from global peers, especially Oracle.

You take those three data points together and you start to put together a picture of a company that's performing very well, ... We're not seeing the slowdown at Autonomy that other companies are facing.

This is a good move for Business Objects. With Mr. Schwarz, they have brought on an industry veteran who has experience in growing companies.