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Biotech / Medical : Cambridge Heart (CAMH)-What is this???

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To: John Zwiener who wrote (25)4/10/1997 4:24:00 PM
From: James Perry   of 33
 
That is the rule I generally follow, and the experience I usually have. I did just make an exception on Informix (IFMX). They have a wonderful file program - works by image characteristics instead of ones and zeros - with Oracle as a competetor. When the price fell to 10 because of recent management miscalculations, I thought it was a raging buy. But various brokers have been rating it a short term sell and now Merrill Lynch has just put out a long term hold as well as a short term buy. The market has been pounding it, and I have just decided to take my 7.25 and leave that table. I am afraid it is going to do even worse, and I am not sure it will get better. Except for that stock, I just grit my teeth and wish the biotechs would do a bit better.
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