comment please see analyst certification and other important disclosures starting on page 73 1 industry equity research north america morgan stanley does seeks to do business with companies covered in its reports as a result investors should be aware that the firm may have conflict of interest could affect objectivity this report consider only single factor making their investment decision customers united states can receive independent third party company or at no cost them where such is available access www morganstanley com equityresearch call 800 624 2063 request copy overview july 15 2005 mark edelstone mary meeker rebecca runkle david togut ross macmillan louis gerhardy emerging technology trends peter kuper anantha narayan brian pitz julie santoriello timm schulze melander harlan sur scott coleman fitzgerald kathryn huberty laurie
