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Biotech / Medical : Oscient Pharmaceuticals Corp. (OSCI)
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To: Tara Cobble who wrote (95)10/25/1996 9:42:00 PM
From: Peter Shaw   of 1154
 
Tara,

Yes, a solid move on the stock today. Bigger volume than yesterday as well. Looked closer at the charts for key resistence areas. We hit 200 MA at 9 7/8. Then 10.5, 12, 14.25. Look for jumpy movements followed by consolidation (just like before).
I'm getting nervous about the market right now. No leadership in technology, scepticism on cyclicals, and overpriced *defensive* issues like KO. Careful with that portfolio.

Cheers,

Peter Shaw
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