The fundamentals in the overall Internet arena are strong, and Internet traffic is still doubling every 90 days.

I think for short-term, the next 60-to-90 days, we're going to go sideways. Until the Fed stops raising interest rates, we're still under pressure. I can't see multiple expansion from this until we get a firmer handle.

Every investor should have some Net representation in the portfolio. And the younger investor, with a longer time horizon, may want it at a higher level, as compared to someone closer to retirement.

If I am using a telephone line to hook up to the Internet and then once I get on the Internet I'm using voice to communicate with you, how do you characterize the transmission of that data? Is it packets of information and is it (just another phone call)?

What we do is architect the Internet, and the Internet is still a pretty rollicking place. We describe different functions that get done and principles by which they work, which is a different way to do architecture.

This is a governmental use of the Internet, but I can imagine corporations having corollary services in their networks,