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To: Chip McVickar who wrote (3148)	3/24/2004 8:53:24 AM
From: robert b furman	Read Replies (1) \| Respond to of 12410

Good morning Chip, Thanks for the "Chip way of looking " at my longest held and favorite stock! This company is always below the horizon - but yet strongly held. I like the positive divergence in CCI. Last decent crossover on Accumulation Distribution ran up to 22.90 - it was not rewarded by company profits and the price decline has given us a nice dip. CMF just over neutral - I liked yesterday's nice rise in volume - double monday's Now that 03 Tax year is over,I'm hopeful of some bottom line profits as margins expand from a reduced level of R&D as they ramp up delivery of new and old testhandler lines. I'm reading everywhere about fab utilization rates in the 90-95 % range on lower node chip designs.These ALL require pick and place testhandlers.As all the 300mm fabs come on stream H2 this year and 05,rows and rows of testhandlers and testers will be required. It is a sleeper part of a great global wealth driver "integrated circuit chip production". Thanks again for the review. OBV is about to fall off the chart - washout selling? The reversal of this line to an uptrend will be a bullish indication.Heck one more day and it must at least go sideways.GG Bob

To: Chip McVickar who wrote (3148)	3/24/2004 12:31:43 PM
From: Michael Watkins	Read Replies (1) \| Respond to of 12410

Notice how we went through a long period of almost bad news and the stocks were still bought.... and now we get almost bad news and every ones selling.....? I think there's a useful line in the sand today. So far its playing out to the upside after a nice test of bottom on the 45M. I've put about 1/2 of my cash to work this morning on SP and Nasdaq ETF longs in retirement accounts. Damn Canadian government won't let individuals short in retirement accounts sadly so I'm frequently close to or all cash. Pretty hard to take for a regular seller like me ;-)