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To: Jim Fisher who wrote (10638)1/9/1998 12:05:00 PM
From: SE  Respond to of 17305
 
Maybe, maybe not. CEO resigning is an indication of a change in the business. I don't know anything about LCCI, but would not play it based on that news.

GO PACK GO!

-Scott



To: Jim Fisher who wrote (10638)1/9/1998 12:23:00 PM
From: Andrew Vance  Respond to of 17305
 
*AV* -- I need to check out the company (LCCI) prior to making a call like that. If indeed that is the only reason for the drop in price, I would expect a DCB on the naming of a new CEO. A new CEO is usually greeted with some positive price performance of some sort.

Sold my trading shares of BYDS and ESLTF to convert into the ADPT purchases. This meets my goals of getting more into stocks in my field of expertise. Should BYDS falter in price and ADPT take a good pop, I will turn a very small amount around again or find other ways to fund more BYDS shares. For now, I will take the $3 I got for BYDS and be very content with yet another great gain. The ESLTF was almost a wash in price (up 5/8 or down 3/8) and was going nowhere. Money is being put to better use in ADPT.

Andrew

UPDATE: I did a curory check of the news and found this snippet:

Lior Bregman, an analyst at CIBC Oppenheimer, said investors' reaction to the announcement was exacerbated by signs the company's Asian customers are not paying as quickly as usual.

Makes me think there is some real bad exposure out there.