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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Tim Luke who wrote (62870)11/19/2000 12:55:49 AM
From: judge   of 122087
 
Shorted ULCM at 50 1/4.

Here are reasons why:

Revenue of only 40 million..
Selling at 50 times price to revenue
earnings estimated for 2002 are only .23
Growth from qtr to qtr is slowing.
BOP has been in the red for almost a month
Only 3 % above the 50dma
Stock is trading at a forward Pe(2002) of 250.
making lower highs and lower lows.
support levels are 47,41,30,24,20,18,16
If it breaks through the support of 41 this stock should fall off a cliff ..
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