The Second Cycle of the Third Cycle of Trading Is Going to Be the One With the Most Opportunity

This is still the cycle where we can accumulate and sell to vcs and sell to bigger players. I think probably by the third cycle, we're goin to have much less ofa competitive advantage. And i also think that, because the space is now more legitimate, things will re price upwards more quickly if you manage to find something important part of infra structure.