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I believe you are right about the 4th quarter. Unfortunately, I don't believe that 2002 is going to be much better. The overall health of the automotive market continues to drag the entire supply base down. For Dana, Fords continued slide is especially harmful to the profitability of the corporation. How will Dana return to profitability? In the short term, I see another round of cost cutting and layoffs unfortunately. I believe that Dana would like to sell some assets but there aren't a lot of buyers out there. Although I did read in the 10/8 Automotive News that some investment firms are looking at investing in supplier assets as turn around targets. Anyway, the real value in Dana will come from Dana's longer term plan Transformation 2005 that essentially pushes Dana to reinvent it's product line with the application of technology to it's traditional products that will allow it to get higher margins by offering more value to the customer. One example is cylinder head gaskets that measure and report temperature data at various cooling passages that allow for variable cooling methods for more even engine cooling which improves engine performance and economy by minimizing thermal distortions etc. Dana has made the investment in the technology and has strong products across all it's product lines. The market needs to come back to bring Dana back to profiyability.

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