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Non-Tech : CEXP

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To: Paul Tarbox who wrote (405)11/24/1998 1:39:00 PM
From: Epics  Read Replies (1) of 488
 
If you take a close look at the spread matrix's (a variation of level 2) over the past few days there has been a shitload of accumulation at the 5 1/2 to 5 5/8 areas. Someboay somewhere is picking upm whenever it hits those levels and it bounces up. Whether is CEXP or institutions I don't know. As for CEXP, when they preannounced, they also puked out everything else including the 4th quarter and the kitchen sink. I bought this stock knowing it wasn't going anywhere for a bit. CEXP's silence leads me to believe all the news they have will be released in a fell swoop, similiar to the all inclusive puke your brains out pre-annoucement of the 3rd and 4th quarter. I have noticed ODP has been getting wacked on a daily basis the last few days and I know SPLS bought Quill, wondering if CEXP might be ODP's answer. If we reconvine of November 24, 1999, this stock will probaly be in the 13-14 area. Although it could see 5 first. Who knows. The upside is greater than the downside although we might see more downside. After earnings this stock should get strong if not earlier. I think they should sell or spin off the dlivery segment.
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