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Probably just internal computer problems, but something did not feel right today, sold some SFE. Something about the extreme narrowness of the market [today, 53 new highs, 176 new lows], the skirmish overseas that may be more negative than the market perceives, the upcoming inflation data that will reflect the huge % jump in energy prices in the next few months of data, the blind feeding frenzy on AOL despite the current prices reflecting where it should be in 2004 if they execute with perfection, something, just something doesn't feel right and it could affect even the leaders and strong performers...like SFE short term. Then again, feelings can be caused by many things, not all cogent to the issue at hand. PS. CMPC, it's getting ugly. SFE must be a bit concerned with almost 25M sh. and recent buys over $4 with over $4 book, as high as $11 one and one half yrs. ago. CMPC now below $3. Is there a place for resellers in todays world.? Over $2B in sales, and $150M mkt cap. The market is saying "not much future for CMPC " Hope the new management from SFE at CMPC is up to the difficult task at hand. Mike |
