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Strategies & Market Trends : Range Bound & Undervalued Quality Stocks

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To: Larry S. who wrote (1693)	4/3/2000 10:27:00 PM
From: Esway	of 5499

Thanks for the input on CNC. I had been watching it since the drop from 13 but today at 9.5 and then again at 8 5/16 I had to take a position. IMO it Just needs the time to build a solid base and give fundamentals time to repair. Much like ONE did, personally I stepped into ONE way to soon [32] but averaged down as it fell to mid 20's and finally came out way ahead 5 months down the road. I have in the past always been a buyer of where the blood is flowing as long as earnings are still intact in positive territory. This strategy Might be "dead money" for awhile but seems to usually be a low risk move. good luck. EW

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