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Technology Stocks : Computer Network Technology (CMNT) -- Ignore unavailable to you. Want to Upgrade?

To: Peter Dierks who wrote (743)	11/1/2003 3:17:32 PM
From: Lance Bredvold	Read Replies (1) \| Respond to of 750

Hi Peter; There is a small but consistent group on Yahoo with which I maintain contact, so it's not like I'm totally alone. And I was slightly more positive in that April post than I feel today. Frankly, I've come to believe the management is not all that competent. Yet I am making money one more time with calls sold on CMNT at 7.5 and also at 10. The 7.5's which I sold for 2.30 and 2.55 will, if exercised, cause me to sell lower than I ever have before. And that reflects my reduced confidence. Several times I have sold at just over 10 and the last runup I sold calls on CMNT at 12.5 and 15. The 15's were not exercised but the 12.5's were. My intent is to reduce exposure to this company even though I know it so well. I've never really become confident I understand their business or competition--it's just been judgements of their management to me. I have picked up another bunch of Midwest companies due to my relative confidence that I understand people who have a Scandinavian accent while others don't. Had the humorous experience of reading a Carolinian poster on the SRDX board claim the management was all drunk at a conference call when he heard their slow conservative speech. I was tempted to tell him my reaction to southern accents, but held my tongue. At any rate, Hudson, and I believe Barnum, are not midwesterners so that edge is more tenuous. Thanks for your support. Lance