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To: Kelvin Taylor who wrote (48437)	6/4/2003 4:28:59 PM
From: DanZ	Read Replies (1) \| Respond to of 53068

I didn't add to FLEX today, but held my entire position. I should have gone with my intuition and bailed in the high 9s yesterday when I was about even. Now I'm sitting on a big paper loss. Stocks never cease to amaze me. One minute you can't find a buyer anywhere and everyone wants to sell; the next minute you can't find a seller anywhere and everyone wants to buy. My gut feel is that there's a mini squeeze on in FLEX. I don't see anything fundamental to account for a 14% increase in the stock today. Yes it is reasonably priced and I figured that it would break 10 eventually, but that doesn't mean that it will go up 25% in a week without pulling back. I'm not happy with my entry point, but believe that I'll have a chance to cover lower than 11.60.