. >> and we have michael baxter joining us today. got some of your notes here about what you make of the quarter. anything here that you heard that will lead you to change your thesis, coming out with with a new recommendation tonight or tomorrow? >> oh, i won't change. i'm not allowed to preview what i'm going to do, but i'm not going to change my thesis. the only negative i heard in here is splitting up the cop tent and i hope they have learned that's an antiturn tactic. >> the microsoft relationship is interesting. it could have gone a number of different ways. they went microsoft. i don't think the market is making a big enough deal. is this interesting to you? >> i have to be honest, i didn't even know microsoft was in tech and of course they are. where i i think it gets interesting is that microsoft is committed to streaming to any device, and i could see them bundling netflix with their pass. i could see microsoft getting to 100 million subscribers, sign a deal with samsung for smart tvs. i think a partnership with netflix wou