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To: John Wang who wrote (8628)1/30/1998 1:09:00 PM
From: William L. Vu  Respond to of 11057
 
I sense the CC being a bit low key to bearish. The trade action today
indicates small blocks mostly. Smell like a bull trap.



To: John Wang who wrote (8628)1/30/1998 2:27:00 PM
From: Jonathan Bird  Read Replies (3) | Respond to of 11057
 
If you listened to the call, you would not think it pathetic

John, you are clearly a blinded bull and prove in your post that you don't know what your talking about. The CC WAS pathetic. It was also low key, but they were clearly holding back very material information. Most agregiously when they refused to specify where the money in the special charge was going to. They claimed something along the lines of "We haven't broken it down". What?!? 1.66 loss and they don't know where the money went? Puleeeeze. The huge reduction is cash reflects the tradegy that was the DEC Q and is now being covered up by trick accounting to show a + eps. There will be more charges next Qtr, you just wait. For your own good, you, and many other bulls here, need to listen to outsiders on the reality of the CC. It was not good. There are no signs of improving conditions or leveling of the decline.

Jon Bird