We are raising our recommendation on Pinnacle West based on the company's core competencies as a regional energy provider.

It will take some time for the merger to be completed.

Whether you talk to Southern Co. or any company in the industry who's deciding to stay in the generation business and market power nationally, they've all talked about doing deals with phone companies. I expect MCI to get involved, [as well as] Sprint and all the others. It makes sense.