IDPH--Positive preliminary results for pivotal trial of ID Message Board

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Biotech / Medical : IDPH--Positive preliminary results for pivotal trial of ID

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To: Roader who wrote (534)	4/3/1997 12:04:00 PM
From: I. Luttichuys	of 1762

Hello Roader, I see your point and it is very good advice. With certain select stocks I will "chase them down a little on occasion" because I'm not margined and carrying cash so my sanity isn't affected. Knowing this is a $40 stock, as you do, makes any but at these levels, attractive. Now... knock on wood but, I have become pretty good over the last couple of years at catching this thing just before the rebound. This time I don't think the rebound is going to be as strong as in the past but I do think the worst is over for IDPH. If I'm wrong, I'll buy more. About bottom fishing...there are a great many companies I want which I am tempted to bottom fish right now but, you're right. Many of these companies I want because they have a long history of doing so well... CSCO for example. Yet these are the ones which can be hammered so thoroughly in a correction. So, I wait still. With a stock like CSCO, I've got no idea what could happen even though I'm tempted to believe that surely we are near a bottom there as well. I guess with IDEC, I am just familiar enough with it's movements to be able to make a fool out of myself :o). Another stock I am accumulating is GCR. It won't look like much but check out the assets and the industry price cycle. Have a good day, BENNETT

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