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To: Moonray who wrote (19340)	7/20/1999 5:12:00 PM
From: patrick tang	Respond to of 25814

Moonray, IMHO, what's 'out of syn' is not the share price today but rather the un-realistic low of $10 last fall. If you take that assumption and say the realistic price back then should have been $17 - $19, then this stock is just fine. Same with this year's best performance - not really due to un-realistically high price now but rather the artificially low price of $16 for Dec. close due to year end tax selling. Without the tax selling, the price should have been $20 - $22 and this year's run would have been in line with the rest of the IP guys. patrick