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To: Venkie who wrote (4346)	10/25/2001 10:42:59 AM
From: im a survivor	Read Replies (1) \| Respond to of 13815

FDRY....funny you mentioned it, as I was just researching things a bit more.......yea, they missed earnings estimates but still made a profit. Heck their price to sales ratio is far better then JNPR and now after it got knocked back to $9, it's even better. I also noticed a few ANALysts knocked the stock this morning....my guess is they want to bring it down so they can buy some on the cheap....... However, why listen to the ANALysts that have an obvious agenda or somebody on a message board...listen to the company....and what did the company say, you ask? They said they are going to buy back $15,000,000.00 of their own shares back. Would they do this if they thought the future looked awful, or would they do this because they see business bottoming and the worst is about over and they see their stock as a good buy at current levels...essentially, if the company thought things were going to get worse, they wouldnt buy ther stock back......so buying, sends a message that the company itself see's rosier days ahead. As for what price to buy in....heck, I wish i could answer that...I bought some at $12, some at $8 and some at $6....and will buy more if she drops more.....I think fdry is a solid company in a sector that will recover nicely. How low it goes in the near term, I have no idea, but I am not selling...not if the company believes in itself enough to buy back their own shares...I will do the same.....hold what i have, buy more on any substantial dips......however if you dont have a current position, you may try the 1/3 approach I just discussed about ATML....buy some on a dip, but dont blow your whole wad...if she goes up, good for you...if she goes down, you'll have limit orders to buy more at lower prices.......my reason for doing this is you really dont know how low it will go....I had XXXX dollars earmarket for stock ABCD....I spent the whole amount when the stock hit $12....it ended up at $5, before coming back up to the teens. However, I didnt get to buy more on the way down....ever since then, I have been doing the by on the dip approach, but be ready to add more if she drops......anyway...I will watch fdry closely...like I said, I dont care about upgrades and downgrades by the houses....I do feel confident that the company see's better days ahead or they wouldnt be issuing a large share buyback...jmo, and good luck.......