There is an inexorable drift toward consolidation in the drug industry.

It's the next natural wave of industry consolidation.

I think we're going to see further consolidation in the pharmaceutical industry. I think that's going to continue into 1999.

I think we've gone through this consolidation phase over most of the first part of the year, after last year's gains. I think it's natural to see that, but it's been difficult for investors.

It's not necessary for a wave of consolidation in the worldwide auto industry,

We believe consolidation in the industry is inevitable, ... We are in and out of talks with several airlines. If something like this is happening, we want to be forward-thinking about it.