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To: zurdo who wrote (27068)	6/3/2001 7:45:30 AM
From: country bob	Read Replies (2) of 27722

Mornin, Cisco; Shorting would have been profitable, but I don't short. Once the first delay was announced (IMO) we should have abandoned our long positions and started to swing trade. I did this in May '99 and made some decent money, but I still cringe when I think of how much $$ I could have made if I wised up earlier. I am in NAVR now at what I consider a decent level ($1.35) but am trying to be more realistic about it's potential. I am hoping to make 1 or 2 more trades, selling around the $2 level before the buyback is complete and buying back between 1.25 and 1.40. I want to be in this stock when NAVR gets done buying because, if EP holds true to form, we should see a nice percentage pop soon afterwards. If I'm wrong I see absolutely no downside from here and cannot get burnt. The only thing NAVR has going against it right now is it's past mistakes, which may stick in some of the investors craws, but the overall sentiment out there right now is "What have you done for me lately?". (Just ask anybody that is still hanging with the high fliers of 2 years ago). cb