It was not my intension to say that Bio-Tech is failing. The industry is has a lot opportunities. Bio-Tech/Pharm is, however quite volatile meaning that there can be a high turnover of jobs. Personally I have averaged over one round of layoffs or merger per year I’ve been in the industry, maybe it is just bad luck. The upper level people should not represent a problem. They may be forced to relocate for a new position, but should be financially sound. What worries me are the people that have worked in the industry for about 2-4 years starting entry level that have purchased condos. If they were to leverage themselves out they could get into a home albeit a small one. Couple that with a volatile job market and you have a situation that could add fuel to a fire of a housing down turn. The thing I love about Bio-Tech/Parm is the excitement. You never know when what you are working on is going to explode, good or bad. Elan for example.