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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?

To: Justa Werkenstiff who wrote (4364)	4/9/1999 9:18:00 AM
From: Justa Werkenstiff	Read Replies (2) \| Respond to of 15132

More on ETEC: Re: "On October 8th, ETEC closed at 15 13/16. That was the low. One day later, it closed at $20.25; one week later it closed at $27 1/2; two weeks later it closed at $35 3/16." I should say that my statement should not necessarily be read to suggest that a repeat performance is in the cards to the upside. It could. Probabilities are that it will recover to the mid thirties but perhaps over a longer period of time assuming the business plan is intact. I think the fundamentals are fine. I always try to think in terms of probabilities when investing or trading. Fundamental research from Lehman: lehman.com

To: Justa Werkenstiff who wrote (4364)	4/9/1999 11:22:00 PM
From: Gary D	Respond to of 15132

Justa, "If larger cap funds did dump it, they will dump it to smaller cap funds because it is 95% owned by institutions." If this happens, it's not obvious to me that this would necessarily be very helpful to share price. I assume the small-cap funds have less available $$$ to support share price, even if the small-cap fund managers could become excited about ETEC's fall into the small-cap category. But perhaps this will be a mute point in light of today's action to the upside. "You are watching a classic beta blast to the downside that can correct itself very quickly to the other direction." When I read that, my first reaction was to check the time of your post <G> (which was prior to market open). Today's action illustrated your point.

To: Justa Werkenstiff who wrote (4364)	4/11/1999 12:30:00 PM
From: Lars	Respond to of 15132

* Market Summary * 4/09/99 4/01/99 %Change S&P 500 1,348.35 1,293.72 +4.22% Dow Jones 10,173.84 9,832.51 +3.47% NASD Comp 2,593.04 2,493.37 +4.00% Russell 2000 405.86 398.74 +1.79% SOX Index 410.07 387.37 +5.86% Value Line 414.32 410.18 +1.01% MS Growth 562.40 551.61 +1.96% MS Cyclical 513.10 499.43 +2.74% T - Bill 4.26% 4.30% -4 BP Long Bond 5.45% 5.67% -22 BP Gold - Oz-Near Month $283.20 $281.90 +$1.30 Silver - Oz-Near Month $4.93 $5.03 -$.10 Economic News European Central Bank (ECB) Unexpectedly Cut Rates Half Point Big Change To Try To Jump-Start Economies - Reforms Needed Financial Markets Love It Though - Goldilocks Lives Leading Indicators for February rose +.2% to 107.1 February Wholesale Inventories rose +.6% - Sales for February rose +1.0% - Inventory/Sales Ratio eases Consumer Credit for February rose +$8.7 billion - Slowdown from January - Still Big Increase Chain Store Sales in March Strong - Easter Skew Jobless Claims rose +11,000 to 299,000 - Eleventh Week Below 300,000 - Four Week Moving Average rose +1,750 to 295,250 - Still Strong Data *Producer Price Index rose +.2% in March - As Expected Core Rate (without volatile food and energy) was Unchanged for March - Second Month in a row