Currently, the First quarter of FY2004 is expecting to be aproximately $14.68 per share, versus $12.49 a year ago quarter. This translates into a 17.5% gain year over year. Current Standard & Poors forecast for Q1 2004 is 14.04, so there should be a dearth of earnings surprises in Q1, further fueling the recovery scenario. This represents a 5% increase in the surprise factor. On a 4 quarter trailing basis, the first quarter is expected to be $56.35 versus $47.66 per share during the first quarter of 2003, or an 18.2% growth. . . Oil prices still remain in the upper quadrant of the inflation adjusted historical range, however, above $36 / bbl are new inflation adjusted highs, with which we have not dealt with in a long, long time. . . and i suspect that we won't panic until the price stays above $40 per barrel, which right now is the psychological panic point. . . imho sportsguy ps, the dollar variable did not play into the forecast statistically, weak or strong. . . because of the balancing between the increased consolidated earnings versus the increased COGS for imported goods and parts for assembly.