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To: drsvelte who wrote (12784)	3/31/2000 11:26:00 AM
From: drsvelte	Respond to of 14427

Long EMLX @ 109

To: drsvelte who wrote (12784)	3/31/2000 11:30:00 AM
From: The Ox	Read Replies (1) \| Respond to of 14427

EMLX: It's pretty drastic but one should keep in mind that EMLX was up over 3000% in the past year or so. I know that's little solace for those losing their shirts in the stock. Anyone find it funny that all of a sudden, this last week the analysts are 'worried' about tech valuations? For the past 3-5 years no one really gave a damn and, now, things have changed. My initial reaction is that the investment community has lead the lambs to the slaughter. You can't watch TV without being bombarded by adds for brokerage firms, both traditional and online. "Buy growth at any cost" was the mantra and, wham-just like that, they've changed their tune to a more traditional position. I bet that EMLX closes above $120/share. Looks like a classic shake out going on. I look forward to earnings season with great anticipation. Some of the companies that are getting trashed this week are going to soar high. There will be a lot of regret for those who bailed out of long term positions during this shakeout. Just my not so humble opinion, Michael