I'm not one to sit on ceremony and demand links. If you don't have the quote handy, feel free to paraphrase it.
I hate to do that lest I misconstrue what was said but I'll try.
He said that Fred's waiting and watching might not be a bad thing and that he still had some time to catch up with the top tier. With the current sentiment of the Republican base once Thompson announces money could very well come in fast and furious.
He also said he could work to an advantage of the grassroots support reaching a "fever pitch" (my characterization not his) before announcing.