We would not read too much into the weak sales for Activision, since most of its key titles for the quarter aren't expected out until September.

It's a hit strewn business, ... Much like the movie business, you need to come up with something new and exciting. If there are expectations for a product that doesn't pan out, then you're in trouble.

The interest rate markets have moved to swiftly price in one last act of enlightened risk management from Greenspan in the form of a tightening pause.

1998 is going to be the biggest year ever. 1999 is going to be even hotter.

[Outside observers seem to be giving the project a thumbs-up so far.] I think that this approach is a good idea, ... It is interesting because no one has attacked it this way before.

These people were shot down, make no mistake about it, without any opportunity to come down, ... I think what happened is that the right hand didn't know what the left hand was doing.

People who invest in these companies should not pay attention to quarter-to-quarter numbers, ... They should look at the yearly numbers. You need to take a long term approach.

We believe there is no issue here -- there is no fundamental change in the way the company is handling its collections.

In the computer software market, investors are looking for predictable earnings. Sierra would certainly be in that category.