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Re: None

Monday, 05/16/2005 11:02:03 AM

Monday, May 16, 2005 11:02:03 AM

Post# of 44374
You got to love the Market makers skills!

They took the Q1 semi non event (inline with expected numbers)following Fridays mini run; to sell 4.5 million accumulated lower, shares, and gap it up, sold them, to the spec traders the first half hour of the rush hour, then bought them back, 6.5 million worth, back down to the gap start! LOL

So here we sit at gap, ready for the next play. I expect this round to be more accurate to shareholders sentiment. Watch how it trades into lunch, to gage how we really feel about the Q1.

IMO this mornings MM fun will become the MM fight to hold until EOD. But either way, I think Q1 deserves the gap from 24.1 to 25 and the first hour should just be reaching 25 now, without the MM playing.

IMO Q1 numbers were as expected; except news of old Mexico carrier traffic halt and no increase of money card rev. All the rest of the non numbers news was interesting. Seems core business goals are being moved around to reach Mr. Huff's goals in a way I didn't expect. All good, because he knows what was needed in those areas, to execute the core business goals. I didn't. So all and all a good report, showing progress in all areas, slower then expected in some and quicker then expected in others.

I feel the PPs should slowly climb to May 23rd. With MMs fighting all the way, kicking. Q1 showed all targets in place, and company management, with the Caterham group executing their business plan.

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