Hi CF, I'm now guessing that Dell's ETS bundling rev drops $1200. Additionally, because that revenue source was nearly 50% of licensing, that should drive licensing margins down by ~10%,- so I now have licensing margins dropping to 85% from 95+%. Thus my Q1 loss is increasing to $7.5M, 8.6 cents per share. If I'm close, cash is now in a precarious position. I'll bet that's what the shorts think as well.