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To: Larry S. who wrote (48601)	6/12/2003 2:29:55 PM
From: Ron McKinnon	Respond to of 53068

the issue is right now no one really knows the extent of the problems are there more bones in the closet or not congrats on the new baby!!!!!!!!

To: Larry S. who wrote (48601)	6/12/2003 2:49:16 PM
From: BWAC	Respond to of 53068

Larry, Drawing off my auditor background here, but Management that refuses to cooperate and answer any and all questions is one big huge glowing flapping red flag. I'm certain the auditor probably was stunned speechless for a second, and then picked the phone up to call his supervisor, who contacted the company Audit Committee, who then collectively pee'd their pants. After regaining composure the Management involved was fired. I can't think of a bigger no no than what Management did in refusing to answer any particular audit question. I've seen lower level managers in charge of certain smaller financial functions (Like Account Payable, or Accounts Receivable) fired on the spot for not comprehending that audit questions MUST be answered.

To: Larry S. who wrote (48601)	6/13/2003 10:23:24 AM
From: DanZ	Respond to of 53068

Larry, Regarding your comment on FLEX on the Z Portfolio thread...my feeling is that the short term trading range has moved up to roughly 10 - 12 from roughly 8 - 10 before it broke out. I wasn't comfortable with my short position but it did have resistance at 12 (prior highs from a few months ago), had moved up a lot in a short period of time, and I figured that it would come down to test 10 (the prior resistance) at least one more time. Call it luck or skill, but the market gave me a chance and I took it. I prefer to trade this stock from the long side now in the lower end of the trading range, which is where it is right now (~10.50). I'd buy some about every 10 to 20 cents lower between 10.50 and 10.00. If it gets much below 9.80, I'd reevaluate the position.