What you're seeing is a little bit of an economic stall, maybe in the fourth quarter and the first quarter.

a classic seasonal fourth quarter.

I really think that we underestimated the fact that we would have a strong seasonal fourth quarter,

Four-to-8 percent is slower than you would normally expect to get out of the fourth quarter. We're being a little cautious and we're going to watch and see what develops.

Cedric, like Ricky, gets better in the fourth quarter than the first quarter.

The quarter is proceeding essentially as expected.