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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Druss who wrote (55000)	4/24/2000 12:42:00 AM
From: Mike Petriv	Respond to of 122087

Reference my call on CMRC at 56 on Thursday. As the effect of CMRC's CEO CNBC interview waned, the stock quickly sold off to 50.Through the day it climbed back to the 54 area and then retreated to 52 on its way to below 50. Out of the blue a B to B analyst showed up on CNBC and pounded the table on CMRC saying it should be valued like EBAY. The stock rallied to 56 1/2 before closing at 55 on options-related unhedging; still short 2K. On Friday CNBC had analysts covering numerous sectors and answering investors questions. When queried about CMRC, the one analyst who seemed to have brains was dubious about whether B to B could ever generate the earnings (yearnings) to justify the stock price. Hoping to cover in the low 40s by Friday depending on market conditions.