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Biotech / Medical : CLZR:a potential 10 bagger?

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To: M. Frank Greiffenstein who wrote (205)10/15/1999 10:58:00 AM
From: vestor  Read Replies (1) of 315
 
Merill Lynch analyst who was a bear for quite sometime is advising clients to buy here. Also CNBC has had comments indicating that the market is holding up reasonably well given what was expected. I understand that in the first 6 days of Oct. mutual fund inflows already exceeded all of Sept. as well as Aug. If this continues for the balance of the month we could have a strong late Oct. to early Nov. rally. However, in the short term your strategy is with merit.I think keeping an eye on volume today is very important. I think much of the bad news has already been reflected in the equity markets. Perhaps smart $ is taking advantage of weak hands. We will see but I can understand where you are coming from and you may have the best approach.
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