How Do You Think About Hedging?

In the near term with coal, you have to be careful because there's a lot of disconnects in the market depending on kind of the grade of coal that it is. So when you're looking atis an investment or looking into particular company, you kind of want to know, which kind of holl are they producing? And then so we talk about coal, i think of peabody energies, hedging problems. But how do you think about hedging at this stage? Obviously, if weco go back in time, we would buy stock, you'd buy stocks that haven't didn't hedge cause of the explosive upside. but yet, you so right now, w how

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