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To: Lizzie Tudor who wrote (89646)	1/4/2000 2:03:00 PM
From: Glenn D. Rudolph	Respond to of 164684

But cmrc sure looks good. Do you know which analysts cover it and do you have any reports to share? Merrill and DLJ do not cover it. Help LOL

To: Lizzie Tudor who wrote (89646)	1/4/2000 2:15:00 PM
From: Sam Sara	Read Replies (1) \| Respond to of 164684

My approach has been to consolidate into what I think are my strongest stocks- CMRC, GSTRF, PUMA, and QCOM. I am also about 20% in cash to pick up any irrational selloffs. This decline speaks to the health of the market and will assuage concerns about parallel to Nikkei blow-off. Lizzie, I admire your buy-and-hold approach.... I have great respect for William's stock picking and sense of timing, and this latest move has done nothing to change that. That said, I hope that this decline is like decline last year that left core leaders like JNPR relatively untouched. Action in CMRC and YHOO supports that (so far <g>).

To: Lizzie Tudor who wrote (89646)	1/4/2000 2:17:00 PM
From: Robert Rose	Read Replies (2) \| Respond to of 164684

Glenn, fwiw, I would be cautious about buying cmrc here. For the next month, I expect a tug-of-war on the stock. On one side you have its extreme valuation (given standard measures), and the fact the market is topping, if not yet in a downtrend. OTOH, you have a first-tier b2b in a year in which this sector will come into its own. Best case: the company blows away all estimates when it reports 1/28 (probable) and briefly flirts with its recent all-time high of 331. Worst case: the stock gets hit with profit-taking as the market pulls back and losing momentum, corrects to the mid 150's. My take: the stock has some upside from here this month, but it's best to wait it out at this point and buy when the market bottoms out after a pullback. (Probably mid-March to buy cmrc.) fwiw, Rob