QLT PhotoTherapeutics (QLTI) Message Board

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Biotech / Medical : QLT PhotoTherapeutics (QLTI)

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To: Michael Markham who wrote (51)	9/9/1996 3:44:00 AM
From: Doug Meetmer	of 1321

Michael, thank you for the kind words. It is no bother answering questions. In fact, we learn from each other. As it happens, I am not a technical analyst. Historically, I have been a terrible stock timer. I'm usually pretty good with the fundamentals, however. Often after a stock purchase, I will watch the price slide. Like most investors, I conclude that this stock slide was specifically because of my purchase. Nevertheless, if the fundamentals are still intact I will usually wait it out until either the fundamentals fall apart, or until the stock price appreciates until the stock price is fairly valued. I cannot give advice whether or not QLTIF is about to break out. I don't own any shares and so I don't really watch the charts as closely as I could. I do own PCYC, which seems to be inching upward. It is my observation that stocks in the same sector often move together, thus perhaps all of the photodynamic therapy stocks will move upward together. I hope this is the case, as we can all benefit. Let's follow these and see what happens. Doug

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