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To: Rob L. who wrote (14)	3/3/1998 1:35:00 PM
From: Rick	Read Replies (1) \| Respond to of 25

I have the following random musings: 1) While CATP has been in a pretty tight range since the 4th quarter earnings report (44 - 47), the volume has been quite volatile (150K - 1 Million +). To me this is quite odd. I am especially puzzled by the 3 or 4 days following the earnings when massive volume was seen. It does not seem plausible to me that demand and supply are in such delicate balance, so I wonder whether we are seeing alot of broker to broker transactions, or for whatever reason some dominant market maker is supporting the price. Any comments. 2) While I am pretty confident that the upside is quite limited on a valuation basis, I am very surprised that the price has held up. Perhaps the market requires hard data to act on. 3) I have heard that many of the CATP insiders can "hide" their activity in the stock by trading in SFE - does anybody know how we might track this activity ? Rick. P.S. To join in on the UofM lovefest: '87 Economics / I miss Ann Arbor - great town.