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Strategies & Market Trends : Group Therapy -- Ignore unavailable to you. Want to Upgrade?

To: Duane L. Olson who wrote (3304)	3/30/2001 10:55:02 AM
From: Logain Ablar	Read Replies (2) \| Respond to of 4564

Duane: I think CAMP will have a difficult recovery. The accounting scandal will now lead to the following: 1) immediate drop in stock price. 2) Lawsuits 3) supplier reluctance to ship product on credit 4) Customer reluctance to purchase product due to company survival uncertainity. 5) Cost and the inability of companies to fund the rollout will also slow down sales (this is where the interview points will impact camp) 6) Management now has to focus on the fraud and lawsuits as well as main business issues. It will be a difficult period for the company. The odds do not favor survial without bankruptcy protection. So the shares can go to zero. Not saying it will happen. Companies have survived these incidents. Imformix and Cedent come to mind. But it is difficult. I now put CAMP in the high risk low reward category. I remember finding camp from Hiram Walker and riding it from $6 to $20. Haven't owned any in a while.