Hi Doc,

OK, the earnings report this morning wasn't THAT bad was it?

The downturn in the aerospace business had already beeen factored into the SP.

Admittedly, the slight decrease in Transportation revenues was a surprise, but it should have been expected given the global recession we find ourselves in.

I think that the TSX pulback was largely to blame for the results today rather than the earnings report. That's my opinion in any case.

I'll remain optimistic for the next rally in the TSX to bring BBD back up.

Ken