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Strategies & Market Trends : SOES Trading -- Ignore unavailable to you. Want to Upgrade?

To: Joseph Francis Torti who wrote (1042)	11/10/1997 4:48:00 PM
From: mark mallen	Read Replies (2) \| Respond to of 1618

Joe, what do you think of pwav? It is a profitable company that beat estimates but still got trashed. My guess is because it had a high pe and far-east exposure. It looks like it hit bottom. It has been real strong the last 2 days. Also it announced a couple of big contracts in the last week.

To: Joseph Francis Torti who wrote (1042)	11/10/1997 8:03:00 PM
From: taxikid	Read Replies (1) \| Respond to of 1618

no prob joe- cacc is credit acceptance corp- they are down like 60% from their highs- check out their "loss" statement- very very interesting i have scalped this stock since 5 quite a few times - every .50 is 10% also realize that that low of 2 1/2 simply didn't happen- after jopurs a big block was traded @3 but no retail guy ever traded it this year below $5 almost shook me out- so i pay little attention to instinet-after mkt trades- they are bs- anyway ended up w/ 20% the day after that "fall" to 2 1/2 your looking at the balance sheet will at minimum open intelligent discourse- regards taxi see email- just read yours