Going into every quarter, the concerns are the same. |
It's tempting to think things are out of control or that it's a stock bubble. |
My view is that this company has the highest growth and the highest returns of probably any company, definitely of any company in the search space. |
The combination would be phenomenal. MCI WorldCom has every global service offering of telecom service except for one -- wireless. |
There's not any indication what it will be used for. It may sit in a treasure chest or be used for acquisitions. I would like to know. Given that they generate so much cash, why do they need the dollars? But they don't talk much about their company. |
While we expect solid near-term performance, we remain concerned about the potential entry of near-term competition and the long-term impact of digital downloading alternatives. |