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Biotech / Medical : Oscient Pharmaceuticals Corp. (OSCI)
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To: Tara Cobble who wrote (50)8/21/1996 9:15:00 PM
From: Peter Shaw   of 1154
 
Very Bullish action on GENE today. Tested the 200 day MA before consolidating. Looks like more institutional buying took place. Does anyone know who follows the company on the street? I would imagine Merril Lynch does if they were involved with previous offerings. What's the status of the recommendations? If they're covered, I would expect a upgrades after the houses load up in their own account. I'm starting to accumulate more on the way up. Should be over 10 in the next month, and hopefully higher! Biotechs are back!!!

Cheers,

Peter Shaw
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