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To: ChrisJP who wrote (56695)	6/8/2002 9:34:57 PM
From: 2MAR$	Respond to of 208838

Actually PNRA one analyst sees trying to visit $73 test of high .... has a split coming up june 24th here's the TA scoop and watch to see how it plays out , will try short some point .: .Panera Bread Co. - PNRA - close: 69.12 change: +2.68 WHAT TO WATCH: PRNA has been on quite a tear since bottoming near $30 in September. Shares have more than doubled since then, prompting the company to authorize the 2-for-1 stock split which was given shareholder approval on Thursday. This creates the possibility of a run-up ahead of the June 24th split. The technicals are strong as well. After bouncing from the $60 level, shares powered back over the 50-dma ($66.75) and are now threatening a move over $70. The oscillators are looking good too, with daily stochastics moving higher and the MACD on the verge of a bullish crossover. Traders could target a move over $70 as an action point to go long. A break over this level would set the stage for a test of the all-time high at $73.60.