The underlying demand for Internet-related stuff is in many respects higher than anyone expected back in 1995. The market opportunities outside the U.S. are where it's at. I think we're going through a classic transition from one computing platform to another. I'm worried about whether Alan Greenspan cut interest rates quickly enough. He waited that extra month.
People read that things are slowing down, and they slow down their purchases.
That has come true. And that's bound to change the economic outlook for a lot of companies. Still, I tend to be an optimist. I believe in the power of technology and in the power of entrepreneurs. The personal computer really hadn't taken off.