I think it's a much higher probability that we're going to have inflation. That inflation we have today will persist into the future. The rate of inflation, I don't know what it's going to be. So when you are positioning a portfolio for inflation, you want to make sure that your own companies that have high fixed costs and low capital expenditures. You can argue that some of theflation we have today is temporary. And that's probably true but I would argue thatsome of that is here to stay.

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