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buddyholly

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buddyholly

Re: Irv post# 72

Thursday, 04/15/2004 12:01:08 PM

Thursday, April 15, 2004 12:01:08 PM

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A price of $7.00/share is a reasonable forcast, but IMO there is a resistance being built, probably by some MM's and the shorts. The ringing of the bell is nice PR, but it will take some more and bigger contracts from Nestles and others to really spike the punch, so to speak. Momentum and time is on the longs side. As it was stated, once the production plant is up and running, it will be statas quo for a little while. 3rd quarter will probably be the telling of the tape. Patience will pay off in the long run. Take care and Good Luck to All.
Buddyholly
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