It's an area that could support a corporate headquarters of that size. You're talking about a business that gets considerable support from its global operations. I think Nashville is large enough where you could attract the talent.
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The company ultimately needs to shrink. The question is, can they do that in or outside of court.John Novak
Going forward, we assume Algoma will continue to be opportunistic in making additional share buybacks and special distributions.
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If, indeed, Wachovia did pull out, that would certainly cause some people concern. It reduces the number of potential bidders and people assume that reduces the likelihood of a deal.
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There will probably be more changes, and they will be quicker. You'll probably see a more aggressive restructuring plan.
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We think ultimately they will cut the dividend. It won't be because York is requesting it, but rather it's a way that they can send a message to the UAW employees that ultimately the management and shareholders are sharing in their pain.
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