Jason,

Great article with very interesting insights, especially considering the common perception on current corporate cash growth levels. I was wondering how accurate you think the comparison is for companies with significantly high or low ratios of cash balances to profits. In such cases, using profit growth percentages to parallel cash growth is somewhat misleading and will need to be supplemented with a reference to absolutes (i.e. profit dollars). Would love to hear your thoughts. Please feel free to e-mail.

Best,
John