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To: Richard Chow who wrote (722)	12/22/1997 2:12:00 PM
From: James Nephew	Read Replies (1) \| Respond to of 1521

Dick, I think the 9 level as resistance is more than a bit of a stretch, but I do see some short covering and some buying back in by true believers after having taken their tax loss for 97. I suspect it won't creep much higher than 5, if that. I think that others, like me, will take the opportunity at 5 to short even more. There isn't even that Crane magic to buoy the stock price (by this time last month there had been something like 7 "news" releases. Similar number in October. The silence is deafening. I guess I am concerned that with some new financing there might be a short blip in the price, but, like last time, it will eventually drive the stock price down. Any particular news to account for the big jump on low volume today? Jim