Ferrer is no doubt beat Giraldo and probably win the title.
Montanes will probably get a good draw at Australia like he usually does, and then he can get major points in the next few clay events if he plays well. He could win a few titles along the way, he should be a top seed in most of them.
He'll stay top 50 anyway, he's good during small clay tournaments. He'll do well at Estoril and he has a few points he can gain from others and the masters. If he can just stay solid and do well in clay and get seedings for the slams, then I can see him staying top 40 at least.
SLAMS: 3 TITLES, 8 finals, 9 semi-finals, 8 quarter-finals... WORLD TOUR FINALS: 1 TITLE, 3 semi-finals... MASTERS: 14 TITLES, 7 finals, 12 semi-finals, 18 quarter-finals... OLYMPICS: 2 gold medals, 1 silver... DAVIS CUP: 1 TITLE, 1 semi-final, 1 quarter-final... WORLD #1: 25 weeks and counting... MATCH WIN/LOSS: 644-178... TITLES: 45 and counting...