Up until a week ago, companies had been running on expectations over fourth-quarter earnings. I don't think people are expecting anything bad. But more recently, it got to the point where these stocks ran up so much that a little profit taking ensued.

Jeffrey Maxick

Expectations People Running

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This was beyond most people's wildest dreams. They keep running on all cylinders and I don't see anything in the way to stop it.

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There are so many poor people in China, and they don't need a super-powerful system. As long as they can get something cheaper and still communicate, that's all that matters. Access to the Internet is the most important thing.

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Between Merced and analysts dropping their estimates, the FTC [lawsuit] is not as big a deal as the others. When the announcement is made, the stock probably won't go down very much.

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They're trying to diversify their bets. They don't know who will be the leader in this space, and they want to have a presence with whoever has the potential to be the leader.

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It's really tough to say how that will pan out. [Set-top devices] could be one of the major avenues of getting on the Internet. For the masses who don't deal with computers on a regular basis, they'll feel more comfortable with using a TV for access.

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