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DANA POINT, Calif. -- While the Nationals are making some noise here by chasing several big-time players such as Matt Holliday, Mark Teixeira, A.J. Burnett and Adam Dunn, most competing executives say that Washington doesn't have the pieces to make a Holliday trade and few star free agents would sign with a team that lost 102 games. The one that may, several execs agree, is Adam Dunn, but only if the Nationals overpay for him. Nationals GM Jim Bowden has had ties to Dunn going back to their days with the Reds together. "Bowden has an infatuation,'' one competing exec said.

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