Richard-

1- remind me to teach you about paragraphs.

2- if those guys were only getting 7-8% rebates they would be out of business.

Fairmount— I agree that horseplayers are participants, I’ve tried to explain that often. But in terms of the people that piece was aimed at we are customers. If they see it as just a fight between participants they could care less.

I know a lot of you guys will be there Whitney weekend. I won’t. The Jockey Club CAW panel is that Thursday, and if you contact me privately I’ll try to get you in.