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To: Dale Baker who wrote (14098)	1/6/2000 12:46:00 PM
From: Michael T Currie	Read Replies (1) \| Respond to of 118717

I would like to submit TRUE for your consideration. This is a 3 week old IPO. They came public at $8, presently at $10 1/2. TRUE designs and markets high precision time and frequency devices. They are profitable and carry a P/E of about 18. The most recent financials had sales up 26% and profits up 40%. The stock price has held up very well in the face of the recent NAZ selloff. I am long at 9 1/8 and 10 3/8. The following link to their S-1 provides a fuller description of the business and expected future. biz.yahoo.com BTW, I think that the potential GPS market figures are significantly underestimated. Mike