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Biotech / Medical : Colorado MEDtech, CMED

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To: WallStBum who wrote (250)8/25/1999 5:27:00 PM
From: Paul K   of 288
 
Today there were three 100k sell orders being processed... there were a couple yesterday. Advest had downgraded from Strong Buy to a Buy.

Someone said last week there was a lot of option activity in the stock so they probably intended to run the stock down and make an extra buck on the downside as they exited.

Obviously the fundamentals are great and the company is running smoothly on all cylinders. So when the institutional selling pressure is over the stock should float up again.
This seems to be the typical pattern for the stock.

I'm just along for the ride since $4 1/2
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