Be careful Ken. These prices are beggining to reflect future earnings. Analysts have forcast virtually no earnings for the next couple of quarters. Wallace and Company did not offer any guidance at the recent conference call. It seems as though management would offer some guidance if the situation were any better than analysts assumptions. Why would they allow the stock to take an uneccessary beating? I bet that management knows things are even a bit worse than expectations and everybody else is beginning to find out. I think TRN slides from here as smart money gets out of this stock. This is the wrong time for TRN. Good luck.