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To: Wallace Rivers who wrote (5464)	12/18/1998 11:48:00 AM
From: Paul Senior	Respond to of 78745

Hi Wallace: Well I dodged the bullet too, but I got shot anyway -g-. As long time holder of Eastman (EMN) stock-- it dropped 10+ suddenly this week. Never bought WLM, thought about it, but since EMN and WLM have the same products -- PET plastics (WMN being a recycler primarily), I thought one co. was enough. One co. was too much -g-.

To: Wallace Rivers who wrote (5464)	12/18/1998 12:58:00 PM
From: James Clarke	Read Replies (2) \| Respond to of 78745

Wellman is probably worth some work. .5 times book. It just made a bad preannouncement and the stock did not drop, its worth a look. That tells me that this is your bottom. Then the only question is timing. Going into January doesn't sound like bad timing on a small stock down 60% from its peak in May. I know zippo about the company, so before I talk myself into buying it I'll do my homework and post what I find out. Thanks for the idea.