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To: Will Lyons who wrote (62)	12/2/1999 3:41:00 PM
From: John Finley	Respond to of 565

Hi Will L. I'll buy you lunch too. I think AXTI is a long term winner and PANL is an interesting "lottery ticket". Actually, if I wasn't so chicken due to the general state of things I would've made money from both. They both spiked nicely after you mentioned them <g>. If you are going to be around the Stuart FL area in Feb, send me a PM. BTW, AXTI isn't doing all that poorly. All the shorts exiting probably caused the spike, but that's just a transient thing. JF

To: Will Lyons who wrote (62)	12/2/1999 4:00:00 PM
From: kinkblot	Respond to of 565

AXTI is still on my watchlist, too. On the recent rise and fall, I agree with John - it looks like a typical short-term trading pattern that you often see when there's a big gap down like it had on October 29. A rebound and then a retest. Hopefully it will hold at a higher low. Look at IT, similar pattern. Else either tax-loss selling or in the worst case, another shoe to drop. WT