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To: hui zhou who wrote (19537)	3/11/1999 6:07:00 AM
From: Ron McKinnon	Respond to of 53068

>>> what is your opinion on CPU? Why no bounce? this has a very large float, so needs lots of buyers to move it from the Friday low of 6 it did bounce 15% to the high 6's on Monday from people thinking it was overdone now it has fallen back and I suppose it could fall more to the 4 range like it did a few years back the funds don't want it for now retail buyers can not move one with this large a float to my thinking upside can only come from three places: - a major business turn around; not in the cards for some time - a monster share buyback; don't see that happening - a buyout; possible but who want's this one? my best guess is a range of 5-8 over the next 3-9 months unless one of the above events happen may be dead money for some time PS (at 6:05 am) IM just warned; sales up, earnings down (TECD may drop with it) seems like all these guys can sell computer product but just not at a profit