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However, the economics of our business continued to deteriorate. We barely escaped bankruptcy a year ago, and in the aftermath of that escape we had to make some even tougher decisions.

In every business I had ever started, even ones that had totally failed, I had kept good relations with the investors.

Our markets have not achieved their great successes as a result of government fiat, but rather through efforts of competing interests working to meet the demands of investors and to fulfill the promises posed by advancing technology.

So we have a commitment to the business and to its people.

The fact is that our business is fundamentally really strong. We have a platform and a depth that no one in the tech industry has. This means we have competitors at every layer.

Once you create a loyal customer base, it's tough for a competitor to take that away.

Control your expenses better than your competition. This is where you can always find the competitive advantage.

Once investors come in, it's hardly your company anymore!

When you can't compete on cost, compete on quality.

Our biggest competitor is ourselves.