Pay per click was just the beginning. The real evolution is pay per action.

To the extent that they're at the beginning of their cycle, much as we were 12 months ago, that suggests a negative outlook for their bonds.

thoughtful, secular approach to the chairmanship, focused on the long-term evolution of the U.S. and the global economy.

We are looking at the very beginning of dinosaur evolution.

I think that we are at the beginning of a multi-phased, decade-long evolution, and the market really hasn't started to bifurcate - like we saw in data communications - yet. But when it does, we'll be ready to make our moves. As an example, we added 170 employees this last quarter. We are attempting to do the same again this quarter. So we are going to continue to grow organically for the foreseeable future.

He feels like he's going to miss all the action.