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The critical thing they delivered on is what people, including analysts, were expecting. They have begun the Intel transition sooner rather than later.

They could have announced dog food and the stock would have been up five points.

If the company said it was a one-quarter event, then I think the downside would have been limited, ... But given the guidance we received, which is that growth is likely to slow because the company is so large, that will ratchet down the numbers for fiscal 2001, and that's probably where the damage is going to come from.

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