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To: wlheatmoon who wrote (2410)	7/5/2001 12:50:46 PM
From: Tim Lamb	Read Replies (1) \| Respond to of 2849

Mike: Well on CMRC this might be the pullback entry point. It really all depends on if companies are loosening up the purse strings in IT spending. Jury is still out. In my experience when the CEO’s clamp down on company wide spending it becomes extremely difficult for sales since the IT head becomes reluctant to buy unless there is a screaming need. Also see my comment to John. I was lucky on timing this CMRC purchase. Without SAP it probably would be $2. stockcharts.com On a separate note IMNX which is still on my buy list as one to own for a few years is starting to look iffy. I’m actually waiting to hear this Q’s conference call on the progress of the RI production facility. stockcharts.com I still don’t think its time for a long term purchase of Ford. One has to see if $24 holds and since profits are decreasing (I keep hearing about incentives to push the SUV’s, although lower gas prices should help here as well as the tax cut helping the consumer) margins are shrinking due to lower ASP’s and higher costs with increased labor costs. IF (when) $24 breaks its down to $19. Maybe it keeps trading between 31 and 24. stockcharts.com I also think NAT is heading towards $15 and maybe $13. What a difference a year makes. More people commenting on it this year. They like the yield but if tanker rates (suez double hull) go back to 30k a day the dividend is to be going back to 35 – 40 cents. I’ll start legging back in @ $15 as long as tanker rates stabilize. The PnF short term indicators have started to reverse into X’s. Now only need the NYSE & BP to reverse. NYSE BP - Os 55.5% Option BP - Os 54.0% 10 Wk MA - Xs 55.8% High-Low Idx - Xs 77.7% 20 Bond - Xs $102.610 Tim

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