After we're through with all of the enhancements, I want my clients to say, 'Wow. Have you seen the Las Vegas Convention Center?' ... That will be a validation for me.

I have a slew of clients who want to see Peabody.

I understand that's the game and how it's played, but it's just, wow, it's bad.

(International Flavors and Fragrances is) a stock we know and like very much. It's in some of our clients' accounts. IFF is a company we like for a couple reasons here but very clearly it's exposed to a weakening dollar,

Las Vegas, before this boom, had never seen any condo conversions. So nobody knows how it will all shake out. We're forecasting that conversions will continue, but on a more steady pace than what we've seen in the last two years.

We suggest to our clients, customers need to be proactive and make those phone calls.