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Biotech / Medical : Oscient Pharmaceuticals Corp. (OSCI)

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To: Jeff Lee who wrote (65)9/12/1996 1:55:00 PM
From: Peter Shaw   of 1154
 
For anyone who is technically oriented, GENE just broke through it's 200 day moving average. As a long term signal (investors) this is a proven buy indicator. A plus is that many shorter term traders won't buy a company unless it trades above this average. As momentum builds, this company should accelerate towards that magic $20 target. I like the volume on our action recently...VERY BULLISH. And most importantly, the fundamental picture brightens with the speed of the milestone payments, and the additions to management. I'm buying more today!

Cheers,

Peter Shaw
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