We're in a slower-growth environment and as Larry said, if you can get 10 percent growth from organic growth and 10 percent from acquisition, it adds cash and adds earnings. That's as long as they can make the integration work.

CA isn't well positioned from a growth standpoint.

All of a sudden long-term growth rate expectations have ratcheted down,

All of a sudden long-term growth rate expectations have ratcheted down.

It is a yellow light that either it's competition, therefore pricing, or that market growth is not as robust as it had been.

These results are pleasing in that good revenue growth was achieved in the current low inflationary environment but many businesses experienced cost increases in excess of inflation, due to start-up costs of increasing capacity and fuel price rises.