<HTML><FONT FACE=arial,helvetica><FONT SIZE=2>In a message dated 5/5/01 9:13:23 AM Central Daylight Time,
<BR>dporritt@post.cis.smu.edu (David M. Porritt) writes:
<BR>
<BR>
<BR><BLOCKQUOTE TYPE=CITE style="BORDER-LEFT: #0000ff 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px">I just noticed that Baldwin went up to $2.65 today, and so far today 417,000
<BR>shares have been traded. It looks like someone is moving in on it.</BLOCKQUOTE>
<BR></FONT><FONT COLOR="#000000" SIZE=3 FAMILY="SANSSERIF" FACE="Arial" LANG="0">
<BR>This is really not an unusual amount of shares to be traded, very moderate,
<BR>actually but way up for Baldwin. The price closed at $2.52. The movement is
<BR>largely from day traders trying to make a quick buck.
<BR>
<BR>For sure, if someone bought a large amount of Baldwin stock down at its
<BR>lowest level ($1.50) or even where it closed today and the value went back up
<BR>into the teens, twenty or thirty dollar range, that person would profit
<BR>greatly. But this company is in serious trouble so that kind of movement in
<BR>the near future is highly unlikely. At best, the company will be able to
<BR>survive if it downsizes and makes some wise decisions about the kind of
<BR>products it produces and how it markets them. But even if it does, it's
<BR>price per share will likely remain below $10 for years to come.
<BR>
<BR>Being bought out by an Asian company like Samick is also a likely
<BR>possibility. I wouldn't recommend spending any more on Baldwin stock than
<BR>you might on buying lottery tickets when there is a big jackpot or an amount
<BR>you might set aside for casino gambling. The risks are comparable.
<BR>
<BR></FONT><FONT COLOR="#000000" SIZE=2 FAMILY="SANSSERIF" FACE="Arial" LANG="0">Bill Bremmer RPT
<BR>Madison, Wisconsin</FONT></HTML>