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Biotech / Medical : Summit Technology (BEAM)
BEAM 22.21-4.1%Nov 7 3:59 PM EST

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To: HerbVic who wrote (1283)7/26/1999 6:32:00 PM
From: dwlima  Read Replies (3) of 1386
 
BEAM is a long-term hold, but a near-term SHORT. Huge volume (50% of float) and large price increase (30%)....this is what shorters dream of. They still have no FDA approval (although likely) and definitely have no revenues yet- thus earnings will not reflect the meaning of this news release for years probably.

Yawn....i've seen it too many times....see ya guys @ 24 tomorrow.
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