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In today's Pre-Session Views:
- Strategy | Alert to unsuspecting retail investors: Do not buy into the small cap frenzyETEL’s inflection year | Peak capex behind and deleveraging ahead; position for a structural rebound in FCFABUK | Valuation dislocation versus peers and replacement economicsPHDC | Does PHDC generate positive operating cash flows?ISPH | Distributor model best positioned amid pharma price reform++6322