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Strategies & Market Trends : Water! Water! Everywhere and Not a Drop To Drink! -- Ignore unavailable to you. Want to Upgrade?

To: big guy who wrote (90)	5/31/1999 1:26:00 AM
From: Wade	Respond to of 336

I think it was probably due to that 30k shares at the open over a week ago which got our attention and probably some one think that was the signal for the run-up. Any way, that person bought this chunk must be getting ready for something or it was a mutual fund buy (or swap) for long term. Well, what we can do is to wait and see. I agree with you that not much risk at this level. Sincerely, Wade

To: big guy who wrote (90)	6/1/1999 11:53:00 PM
From: Wade	Read Replies (1) \| Respond to of 336

Regardless if the pop is induced or not. The chart indeed showed some strength lately. One fact we can not ignore is the continuous consolidation of this industry. One day WLK is a buyer, next day it could be bought. It is especially attractive at this price level. Therefore, I am not afraid of the price going weak for a few days. That is normal. MY TA indicated that this stock has been under accumulation for at least 5 months since Jan 1 of this year. The only thing I will do is buy and hold. The stock price will go up automatically when you buy up all of the floating shares. I guess you had most of them<VBG>. Good luck. Sincerely, Wade