Well, I would never be any good as a financial adviser! A month or so ago I thought that the stock market might recover sometime this year. With the recent crashes....I clearly need to eat my words. The markets are absolutely fearful and banking is still in a big crisis.

This morning I looked at the market capitalisation of my company and it is now $2.4B. This valuation seems crazy given that the company has no debt and $1B cash in the bank and has orders from multi-year deals covering most of the revenue forecast for the next fiscal year.