Larry will go out of there in a pine box.

Particularly in the software sector, so much of what's going on with these stocks now has nothing to do with the fundamentals. It all has to do with this M&A activity that's going on and the uncertainty around it.

I was disappointed, frankly.

These are pretty decent numbers given where expectations were for the company.

The guidance is a little disappointing.

Microsoft would think twice about spending more than $20 billion. The probability of a deal happening is low.

I wonder if it isn't the impact of Apple and other players.

This news could be enough to move the stock higher. People have been looking for reasons to buy Microsoft. It's still undervalued.

What's interesting is that Microsoft is now more of a leverage story.