OPTS--Opta Food Ingredients Message Board

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Biotech / Medical : OPTS--Opta Food Ingredients

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To: Doug R who wrote (41)	6/3/1997 6:24:00 PM
From: Instock	of 85

Doug: Pounding away at 7 1/4 support!! The ask dropped to 7 3/16 but I am not sure yet if any trades went though at that price. Nice to see the Bid hit 7 1/6 again and the Ask played with the 7 1/4 all day! Wednesday is the last day ( and in this case Tuesday probably was ) that one could expect any buying based on the Business Week story. Wednsday should also be a time when those who bought last week, might be getting really nervios and want to sell and lock in their profits. If we can break that dang 7 1/4, and then 7.00, I think sellers will be coming out of the wood work. As you said, so far so GOOD! And thanks for posting, its lonely here by myself. Guess the others all covered their short positions already. If they did, thats a few less buyers!!!! and they made a few $$$$ in the process! Keep me posted if you have time. Later tonight I will post my amature reading of the chart. Later

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