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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?

To: Softechie who wrote (13530)	7/3/2000 9:24:59 PM
From: E. Davies	Read Replies (1) \| Respond to of 18998

Don't fight the tape The problem with shorting stocks that are going parabolic is that momentum changes very suddenly. This is even more true in a short squeeze. By the time its clearly going down you cant get an uptick Usually the shares will be impossible to borrow at the top too (not for cnc I'm sure). I wish my timing was better. I can see cnc has a very good shot at 13- but I doubt its got much more than that. However 5 strong up days in a row is often the top. We'll see. Eric

To: Softechie who wrote (13530)	7/3/2000 10:22:17 PM
From: Land Shark	Read Replies (1) \| Respond to of 18998

CNC, Let's see 4 up days in a row. You're pushing it bubba. I'd sell when the market opens on Wednesday, if you haven't already. I personally have no position in it yet. Mr. Pink has made some awesome calls in his time and he's right when he says the bottom is 0. Looking at it personally, I'd agree given the papers the co. is in.