It just seems like they had a formula that worked for them for a long time. They need to adapt their formula for the environment.

It sounds like the fallout for EDS might not be as pronounced as some people had expected.

We think Hewlett-Packard will finally get credit for improving execution, possibly putting to rest concerns (H-P) is a cost-cutting story that is fully reflected in the stock. We think investors are finally realizing that cost cutting is only part of the story.

We do not look favorably upon this tactic as we think it reduces quality of earnings and reduces management accountability and transparency.

They've got some real smoking printers coming out. They have definitely gotten my attention.

We think Dell has been too focused on perfecting its existing model instead of adapting it to a changing environment. What was working for them before is no longer working.