These things will show how they are working to make PCs fit better into the home entertainment universe.

What I expect will happen is that this turns into a pretty aggressive battle between the two companies.

We've reached a point where integration into a home entertainment platform will be both viable and attractive to customers and we expect to see rapid convergence between pay-TV penetration in the marketplace and broadband penetration.

It might add a little urgency to efforts that are already under way.

The P-III is an evolutionary advance, not a revolutionary one.

The first quarter of the year is always seasonally slower, so there's no real surprise there. Adding to that, Intel [offered] some really good deals on chips in the fourth quarter, so computer makers bought more than they needed and stocked up -- and they're working through that inventory. At the same time you've got AMD taking some share away.