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Non-Tech : Invest / LTD

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To: Peter V who wrote (12818)	4/3/2000 7:56:00 PM
From: Thean	Read Replies (2) of 14427

I second that, Pete. LT has been in hell for so long it must be a relief to see massive number of newcomers joining his company these days. But the meltdown on the Nascrap today does resemble that fateful day on Aug 31?, 1998 when LT was King. It was days like today that broke all the technicals, that drove people to panic sell, that I firmly believe make the most people wrong. I look at this as yet another opportunity, amids looking on with much dry powder I hate to admit. I lot of the selling today was margin calls. I do think the peak selling due to margin call is now over. With earning season so close (starting next week for a lot of the semi's we follow) and the techs getting so trashed, the odd of being right for standing firm here is tremendous. I look forward to counting my reward in 2 weeks. Bought MERQ again today at 62 at the close. That's it, no more powder. My cushion is 30% down from here so another few days like today would still not make me sleepless. MERQ will report after close 4/13. TXCC reports on 4/12 SAWS reports on 4/13 PMCS reports on 4/13 AHAA reports on 1/12 Will report on here once I get more earning date confirmation.

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