We are seeing a steady improvement in corporate demand. I think it's going to be steady, not explosive, throughout the year.

Consumer electronics is a challenging one.

We own 18 percent of just the PC business. Now that's only about 60 percent of our business today.

Well, you would have to say what is the criteria to determine the success of any merger? It would have to be that the companies are stronger financially, that they took market share, and they are on a very steady footing in terms of their performance.

We are seeing a steady improvement in corporate demand. I think it's going to be steady, not explosive, throughout the year.

I believe that one-product wonders come and go.

You cannot have companies where many of the largest ones lose money indefinitely without someone finally waving the white flag, and IBM is the most recent example of that.