We believe the high pace of construction activity and softening demand will lead to increasing inventory levels through 2006 and less price appreciation.

The relatively high inventory levels are providing some cushion to the market, but of course demand is rising in the U.S.. We are in a more comfortable situation than a few months ago, but the structural problems this market has haven't gone away.

As prices have stagnated since August, inventory levels have continued to grow, as we suspect an increasing number of speculators are placing their homes on the market.

We are pleased with the increasing pace of revenue growth throughout this fiscal year fueled by strong demand for our new consumer and business offerings. We are now accelerating our investments in the business to drive future growth, which is reflected in our financial guidance. We believe next fiscal year will deliver even stronger double-digit revenue growth than this year.

We continue to believe the company's assumptions appear to be somewhat aggressive given the recent softening in demand trends and the weak orders in the quarter.

I haven't heard anything or seen anything out there that would lead me to believe that all of a sudden there's an unexpected drop in PCs.