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To: put2rich who wrote (2769)	1/22/1999 12:38:00 PM
From: Dale Baker	Respond to of 118717

The only way I sleep well is taking small positions in a lot of different stocks. I was just looking at PLCM, which beat earnings estimates by 40% after beating them by 67% last quarter. Projected to make .70 in the coming year, which is 40% over 1998's final results. I think they will get a PE of 50 - 70 as growth continues, giving us a target price of 35. My 50% target from 22 5/8 purchase price is just under 35. PLCM broke 26 today. So PLCM, MXTR, FNDTF....look through my last portfolio review and do your own DD. Lots of good value stocks there. But any stock can get nailed in a 20% pullback. I stopped out of DISH today but will probably buy in again once I am done playing TNO (which owns most of the upcoming MMPT IPO).