It's a great company and they've been around a long time. But things are changing pretty fast and sometimes the bigger and more successful you are, the harder it is make a change.

We were not expecting a lot from the broadcast side, but the fact that creative content was down that much was a little surprising.

At some point if the share price doesn't recognize the company's value, they will have an obligation to shareholders to sell it in parts or all of it.

Basically, cost equals time plus money. The fact that things take longer to process costs more money. A company would also have to be ready, in the event that it wins, to have people ready to service the contract.

This is pretty typical response...Very rarely do you have a hostile takeover where the (target) company says: 'it's a great price'.

In our view, Dell is pretty much the same company and we believe most have forgotten about its structural and cost advantages with its world-class supply chain and direct model,