Microsoft is really going back to its roots here.

We expect some investors to look for clarity on what Microsoft's dividend plan looks like going forward.

I don't know whether you have 'anti-social' trails here.

You would be telling my neighbors they would have to load their horses in trailers, bring them around on Georgetown Pike, and into your parking lot to unload their horses.

This shows that three co-presidents is certainly one too many, and may be two too many. It's a tough political environment at Oracle.

What's clear is that the annual numbers are fine for the Xbox.

The swings are going to be very rapid, and they could be somewhat sizeable.

I think there's still a wait-and-see perspective.

I think that the fluctuations are going to be very hard for the individual investor to keep up with. But our feeling is that Microsoft is a compelling software story at these valuations, and we have an 'outperform' on the stock. Buy-and-hold is a good strategy here.