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Biotech / Medical : CEPH
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To: harkenman who wrote (249)5/11/1997 11:23:00 AM
From: The Dermatologist   of 998
 
look for a nice 2-3 point jump in onxx this week to next week. they are presenting data at ASCO on the head and neck trials. they have since expanded the trials to involve pancreatic and ovarian cancer. i feel that if the head and neck data sucked, they would pull back and reevaluate, not push forward with more trials.

onxx has awesome pr, every time they put out a press release the shares jump 15-25%.

i would sell after the announcement though, as the momentum is usually short lived, 5-10 days.
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