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Zeev Hed

08/15/02 12:59 PM

#15879 RE: JLSegal #15866

Until I change it, note my cash position in excess of 40% that is worse than neutral, I would have donned a bear suit if thought that the high here at 1350 will be followed by a breach of 1200, I don't think that will happen, but a retest of yesterday 1265, is highly probable and even a breach of that level in the next two weeks. Maybe just another "bottom building" exercise, but as I have said, I strongly recommend takin profits. Forgot to mention the sale during lunch of CYMI at $25.42, just $.11 profit, but it should be available possibly under $24.

Zeev