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TableofContents
Deteriorationinglobalcreditandfinancialmarketconditionscouldnegativelyimpactthevalueofourcurrentportfolioofcashequivalentsorshort-term
investmentsandourabilitytomeetourfinancingobjectives.
Ourcashandcashequivalentsaremaintainedinhighlyliquidinvestmentswithremainingmaturitiesof90daysorlessatthetimeofpurchase.Ourshort-term
investmentsconsistprimarilyofreadilymarketabledebtsecuritieswithremainingmaturitiesofmorethan90daysatthetimeofpurchase.Ourinvestmentpolicy
hasasitsprincipalobjectivesthepreservationofprincipalandmaintenanceofliquidity.Wemitigatedefaultriskbyinvestinginhigh-qualityinvestmentgrade
securities,limitingthetimetomaturityandbymonitoringthecounter-partiesandunderlyingobligorsclosely.
Whileasofthedateofthisfiling,wearenotawareofanymaterialdowngrades,losses,orothersignificantdeteriorationinthefairvalueofourcash
equivalentsorshort-terminvestments,noassurancecanbegiventhatfuturedeteriorationinconditionsoftheglobalcreditandfinancialmarketswouldnot
negativelyimpactourcurrentportfolioofcashequivalentsorshort-terminvestmentsorourabilitytomeetourfinancingobjectives.
Thepriceofourordinarysharesmaybevolatileandcoulddeclinesignificantly.
Thestockmarket,ingeneral,andthemarketfortechnologystocksinparticular,hasrecentlyexperiencedvolatilitythathasoftenbeenunrelatedtothe
operatingperformanceofcompanies.Ifthesemarketorindustry-basedfluctuationscontinue,thetradingpriceofourordinarysharescoulddeclinesignificantly
independentofouractualoperatingperformance,andyoucouldloseallorasubstantialpartofyourinvestment.Themarketpriceofourordinarysharescould
fluctuatesignificantlyinresponsetoseveralfactors,includingamongothers:
•generaluncertaintyinstockmarketconditionsoccasionedbyglobaleconomicconditions,negativefinancialnewsandthecontinuedinstabilityof
severallargefinancialinstitutions;
•actualoranticipatedvariationsinourresultsofoperations;
•announcementsofinnovations,newproductsorsignificantpricereductionsbyusorourcompetitors,includingthosecompetitorswhooffer
alternativestoragetechnologysolutions;
•ourfailuretomeettheperformanceestimatesofinvestmentresearchanalysts;
•thetimingofannouncementsbyusorourcompetitorsofsignificantcontractsoracquisitions;
•generalstockmarketconditions;
•theoccurrenceofmajorcatastrophicevents;
•changesinfinancialestimatesbyinvestmentresearchanalysts;
•changesinthecreditratingsofourindebtednessbyratingagencies;and
•thesaleofourordinarysharesheldbycertainequityinvestorsormembersofmanagement.
Anydecisiontoreduceordiscontinuethepaymentofcashdividendstoourshareholdersortherepurchaseofourordinarysharespursuanttoourpreviously
announcedsharerepurchaseprogramcouldcausethemarketpriceofourordinarysharestodeclinesignificantly.
Althoughwehaveannouncedtargetedregularcashdividendamountsandasharerepurchaseprogram,weareundernoobligationtopaycashdividendstoour
shareholdersinthefutureattheannouncedtargetedlevelsoratallortorepurchaseourordinarysharesatanyparticularpriceoratall.Thedeclarationandpayment
ofanyfuturedividendsisatthediscretionofourBoardofDirectorsandourpreviouslyannouncedsharerepurchaseprogrammaybesuspendedordiscontinuedat
anytime.Ourpaymentofquarterlycashdividendsandtherepurchaseofourordinarysharespursuanttooursharerepurchaseprogramaresubjectto,amongother
things,ourfinancialpositionandresultsofoperations,
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