I'd be very wary [of this sub-sector], ... If you are looking for exposure to the Internet, look beyond the obvious ones that FTSE has picked out, because they don't necessarily offer the greatest upside.

Steve has a good reputation for turning businesses around and creating value for shareholders. His short tenure is surprising and cannot bode well for the share price in the short term.

[In the high-tech area,] we've long criticized the United Kingdom for not taking guidance from the United States, ... There had been a whole run of miserable results (in the U.S.) and the U.K. turned a blind eye to it.

There are lots of good reasons why IT end-users will upgrade infrastructure -- and that's hardware and software -- (at the) tail end of this year.