Entire auto industry is a hold until the end of June. Then we will know what shape the companies are in. Need to reset their relationships with their unions. Ford has family ownership.

Stock is not very far from its low. Thinks there will be a turnaround in this stock.

Likes it. Dropped dramatically and there was an over emphasis in what was going on in this company. Thinks it will do well going forward.

Was a Gov’t agency, had access to treasurer. Maybe some residual value in that company.

Agricultural chemicals and seeds are very well placed in the world economy. Will come back well when the economy recovers. Biggest risk would be trade barriers.

As inventories bottom, there will be a sharp increase in transportation. This is the exclusive carrier out of Mexico. A Canadian railroad may want to buy one of the US ones.

Feels that the market is totally in the hands of the US Congress. Feels that the money will be provided to the big three automakers, but there will be conditions, restrictions and performance goals. They need conditions that will let them compete. Feels government caused the problems that they have today and they have to fix it. In favour of the new administration because it will boost confidence in the economy. But there may be problems down the road for Canadians as some of the accords may not be followed. Protectionism is a real risk. Problem is that the banks are not lending, we need to get the economy going.