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BELM



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All,
     I closed my BELM position at 9 1/4 for a little over a 20% loss.  I guess 
I need one of these ever now and then in this strong market to remind me it 
isn't a one way street.  Just as long as there aren't too many <G>.  I'll look 
for a substitute this week end. 
     I hope everyone has a great 4th of July.

Jim