It's a cash machine. The company is well positioned for growth in Latin America and Asia.

It's a red herring. All state and local taxes combined as a cost of doing business for the average company in America comes to only 0.8 percent.

The whole sector is going through the roof. Everybody is guessing what could be the next target.

The mood is very positive. Earnings are supportive, the economic data is supportive and there's an M&A frenzy. We think inflation will remain contained.

The mood is very positive. Earnings are supportive.

We're still positive on the stock. It's clear that ABB, after a downturn, is benefiting from strong demand. That's very positive, not only for the results but for the outlook in 2006.