It could be a merger with another player, it could be joint-venturing a material part of our business with someone, it could be financing the company in a completely different way, it could be just maintaining the status quo.

We have the financial communities offering us capital so what kind of capital do we want? What is in the best interest of our company and our shareholder?

Completing the sale of Mammoth Mountain Ski Area has strengthened our balance sheet considerably and we remain focused on our strategy of maximizing return on capital.

It plays very well into our consumer strategy of trying to own as many customers as we can around the world so we can move them to various of our leisure offerings.

They come from a background of resorts and understanding resorts and lodging. They are also one of the strongest real estate players in North America.

Our objective is to grow our OEM business by penetrating the OEM areas we're in more deeply rather than look for new business, though we'll do that too. For the first time we'll have a budget and resources directly focused on this. The response from customers has been very enthusiastic.