It seems to me that "O" is definitly in "short" territory. Any rise in interest rates ("T" is yielding about .75 of a percent better than "O" and holding at that differential) could bring "O" off its current perch above 39.0 back down toward mid-30's quite quickly it would seem. Simply put, is "O" dangerously overpriced above 39.0 or so? Any comments?