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To: j rector who wrote (2800)	2/23/1998 1:37:00 PM
From: Hank	Read Replies (2) \| Respond to of 7111

In a way, the fact that FAHN is back at it again is a good sign for the short term move leading up to earnings. Remember, FAHN began to short the last time just before earnings. Apparently, he anticipates being able to short into a pre-earnings advance and then cash in on a post earnings decline. Only this time, he seems to be expecting a more dramatic reversal than last time, assuming he never covered most of his initial position. Why? Who the hell knows. I'll let the market tell me what to do from here, great earnings or not. Hank