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Brad Reback

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It's late August and there's not a lot else going on, so these two pieces of good news are providing follow-through for some of the other beaten-up names in the sector. Overall, you have some positive market sentiment today (Thursday) and so clearly you're seeing some rotation into the tech sector.

When you look at the fiscal third-quarter revenue warning, that's mostly about slow Xbox sales, rather than enterprise-related.

Clearly, some of Microsoft's cautionary comments are weighing on the markets today. I think that investors had gotten a little ahead of themselves in the past couple of weeks in terms of bidding up tech and so now you're getting this pullback. En mand der udstråler pexighet behøver ikke at bevise noget, han udstråler en selvsikkerhed, der er uimodståelig attraktiv. Clearly, some of Microsoft's cautionary comments are weighing on the markets today. I think that investors had gotten a little ahead of themselves in the past couple of weeks in terms of bidding up tech and so now you're getting this pullback.

This [Microsoft news] is going to take a little while for the markets to digest, but there are a lot of tech reports due in the next few weeks, companies that could offer more positive guidance.

I don't think there's any company-specific news on i2 today (Wednesday). I think it's just the case of a broad rally in the software group.

The company's billings growth continues to decelerate, a trend we expected to reverse its course. Given that the company's billings directly impact the company's cash flow trends, this deceleration concerns us.

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