Do you think extraterrestrial life exists?

Considering the number of planets that have been found so far, I think the possibility of finding extraterrestrial life to be extremely likely. However, intelligent extraterrestrial life maybe not so much. Earth has had some one hundred million different species on it, but only five created tools and manipulated fire and only one of those species exists today. It doesn't sound likely that we will be hobnobbing with Vulcans anytime soon.