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Strategies & Market Trends : CYTC - How High Can It Go!

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To: Karl Knight who wrote (20)4/4/1997 8:45:00 AM
From: Walter High   of 185
 
Karl:
I've been in this one for a while and the news has all been good for the past half year. The FDA approvals have all come through and it looks like the insurance companies are going to buy in also. I suppose that in a heavy market retrenchment like we are having now, it is not surprising that speculative stocks (like CYTC) will suffer the most. I was just curious as to whether I was missing something such as an internal problem at the company, the rejection by an insurance company, or something else. I realize that it will be at least another year before CYTC makes money, but I was hoping it might be bid up on the speculation. Thanks for the info.

Walter High
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