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To: RDM who wrote (14885)	10/18/2000 2:28:37 PM
From: dougSF30	Read Replies (3) \| Respond to of 275872

RDM, re: Monty's gaps. I think various earnings misses and reduced guidance, oil prices, Fidelity selling and the situation in the Middle East probably had rather more to do with the current stock price than ancient stock price moves. What we know is that Monty was correct (it turns out this time) when he forecast the stock would reach 18. If he can repeatedly make such forecasts and describe the model that is used to decide the timing and nature of such predictions, we'd be able to evaluate the claims of this form of analysis. Doug

To: RDM who wrote (14885)	10/18/2000 2:29:21 PM
From: Monty Lenard	Respond to of 275872

Thanks RDM. I appreciate that. I am wrong at times also but the difference in me is that my ego does not dictate my stock trades. I promise you that gaps are a very powerful tool for even long term investors. There is nothing wrong with long term investors learning a BIT of Technical Analysis. It helps to get in a stock at a better price that one is looking at for a value long term investor and helps to know when the BEST time to sell when one is looking to get out of it. You don't have to make it a complicated issue....just BASIC stuff. Monty