The lastredacteddays have all been about the year gone and the year ahead.  Most presentations in the news and major magazines all talk about the debt crises, lower Capex, employee count reductions, etc.  Should we see a major slowdown in business activity, how do we as a community feel about acquisition valuations in the Searchfund sector? Should we even consider it, or largely ignore it because all of our potential targets will fit a certain set of criteria, without which we won't even start looking at them?