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To: Peter V who wrote (12639)	3/28/2000 7:34:00 PM
From: Thean	Read Replies (1) \| Respond to of 14427

Pete, ANEN's move today was the strangest I have seen. The only news I can find is its secondary offering yesterday that was priced at 76. Well, it is not a strange move for MM's and underwriters to pressure a stock down until it is priced but a super rebound today post-offering just blew me away. JHR - if OPMR gets the same kind of move ANEN gets, then assuming the offering price is $36 it should close at $48 the day after! Therefore, I definitely want to load up the next morning after it has been priced. Regarding MASK, I would still wait for the 8% arbitration gap to fill. I feel comfortable holding PLAB through the earning season. Since MASK is just a small volume stock nowsaday, I would get out and buy PLAB instead if this gap gets narrowed to 2% in the next few weeks. COVD - the chart is looking good. After the recent weakness, it appeared to have bottomed yesterday. The rebound off 78 was the rebound that is needed to prevent it from sliding further down. It is subject to another day of headfake possibility but if it survives tomorrow with a higher high then the chart should look very positive going forward. Its long stochastics is also about to turn around. A few shiners among the semi's - VTSS and TXCC. All others are subject to the wimp of the market. SAWS - a critical resistence it needs to take out is $64 on the close basis. Once this is taken out, the next resistence is $76. With all the good news out, I think SAWS will find supports here if the market weakens in the next few days. I don't expect it to challenge $76 until after 4/13 when it announces its earning. Traditionally SAWS has been quite conservative when it comes to beating earning. It never beat by a big margin, typically 1 or 2 cents above. However, since its production yields is really good this Q and the market being so robust, I think there is a good chance it may beat by more than 2 cents this quarter. If so, I think this will be the catalyst to make believers out of new investors. With a relatively thin float and trading over 1MM shares a day, it can move very fast like ANEN when "things happen".