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$HRS 4Q15 Q&A: Noah from Goldman Sachs asked about prospects for moving above $120MM synergy run rate. Bill said that most of the things we anticipated were executing on. We have good opportunity to continue to drive it above $120MM today. So our best guess for where we stand today is $120MM.
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.