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To: Paul Merriwether who wrote (44131)5/21/1998 3:15:00 PM
From: Lee  Respond to of 176387
 
Paul M., ..Re:<<I think Jim is trying to say that the stock had gone up in expectation of a "blowout earning". >>

This has been the earnings environment for the past 8 quarters as far as I recall. What about the runup attributed to those just playing the earnings report who then bail just prior to or at report time. This mini-pullback has nothing to do with long term fundamentals. Just earnings report. I think we are saying the same thing.

Regards,

Lee