Summit Technology (BEAM) Message Board

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Biotech / Medical : Summit Technology (BEAM)

BEAM 27.72

-0.4%

Dec 31 3:59 PM EST

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To: HerbVic who wrote (1296)	7/27/1999 9:26:00 PM
From: dwlima	Read Replies (1) of 1386

BEAM was a great technical short. The close was reason enough for me to hold on...closing near the low at just over 24. Daytraders leaving as fast as they came- volume will shrivel up and those suckers that bought @26-29 will carry teh bag until more news releases come out. my prediction: gap down to 23.50 and a low of $22 with a close somewhere between. It's lights out...it over once the daytraders put this stock into outer space. btw, to all that disagreed with me...apologies accepted. today was as i said- terrible. gap-up with a peak of 29+ and a close of 24.25. just terrible.

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