Americans have been on a multi-year spending spree. |
Conditions will be similar to 2005, as the nation's economy continues to expand. There are imbalances in the economy that could slow growth as early as the second half of 2006 or even bring the expansion cycle to an early conclusion. |
It's an exciting time for Microsoft here in Japan. |
Japanese software will be developed. It will be a breakthrough in Japan. |
That will keep the investment transactions flowing, but not at the flood stage. |
The big take-away thought is that Xbox 360 has the games for the next generation. |
The key part of the deal is enabling online gaming. |
We saw a steady parade of deals. |
We think that cannot last. Real estate will go back to being a 'steady Eddy' that offers good current income. |
You want people to see that we have the right mix of franchises. You have to have European football and American football. You have to have basketball, some action-adventure, some shooting games, some driving games, some character-driven games. So showing that we have that mix is important. |