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To: drsvelte who wrote (12711)	3/30/2000 11:42:00 AM
From: drsvelte	Respond to of 14427

Emulex Corp. (EMLX) 131 +9 5/16: Chase H&Q initiates coverage with a BUY rating and a price target of $200. EMLX revenue will continue to grow faster than the market, with increasing operating leverage from higher volume levels and 100% of revenues coming from Fibre Channel in FY01. Shares of EMLX have fallen 45% from its recent highs which represents an excellent buying opportunity given its leadership in Fibre Channel.

To: drsvelte who wrote (12711)	3/30/2000 11:43:00 AM
From: shasta23	Read Replies (1) \| Respond to of 14427

Third time that we're testing this level on the naz in the last weeks. Will it hold this time. Fund managers might start buying soon for the next quarter...or do they want to sell. A lot of damage in the charts of a lot of stocks. I'm down a lot more than yesterday but i will not sell today even if i have to hold these stocks a little longer. That's ok. This downtrend will be over one day and i just don't think that we're going into a bear market. earning season is coming... Stefan p.s.i'm tempted to get into ctxs at these levels!!