Inventory levels have been held back because of the pervasive pessimism in technology. There was resistance to build inventory because of fear of charges.

We need more ingredients, ... Most of the technology companies have demonstrated improving margins and sequential revenue growth. The foundation is setting up for a recovery, but the market has come pretty far in a short period of time. We need some more conviction coming into August. I think we're going to trade sideways for the near term.

Pessimism is a very easy way out when you're considering what life really is, because pessimism is a short view of life - If you take a long view, I do not see how you can be pessimistic about the future of man or the future of the world

Happiness is always a by-product. It is probably a matter of temperament, and for anything I know it may be glandular. But it is not something that can be demanded from life, and if you are not happy you had better stop worrying about it and see what treasures you can pluck from your own brand of unhappiness.

Pessimism is a very easy way out when you’re considering what life really is, because pessimism is a short view of life. If you look at what is happening around us today and what has happened just since you were born, you can’t help but feel that life is a terrible complexity of problems and illnesses of one sort or another. But if you look back a few thousand years, you realize that we have advanced fantastically from the day when the first amoeba crawled out of the slime and made its adventure on land. If you take a long view, I do not see how you can be pessimistic about the future of man or the future of the world.

What’s going on?” Royce asked as throngs of people suddenly moved toward him from the field and the castle interior.
“I mentioned that you saw the thing and now they want to know what it looks like,” Hadrian explained. “What did you think? They were coming to lynch you?”
He shrugged. “What can I say? I’m a glass-half-empty kinda guy.”
“Half empty?” Hadrian chuckled. “Was there ever any drink in that glass?