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

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To: I. Luttichuys who wrote (618)4/10/1997 5:02:00 PM
From: Roader   of 1762
 
OFF THE TOPIC: Regarding AGNT I did some preliminary DD. The technicals are bad. The stock has been consistently making new lows for 6 months. It has been struggling to break its 50 day MA but is always under it. 50 day is at 1.24 and stock is at 1.21. Looks like it will continue to fall

President Andrew Markidas sold 21,667 shares at $1.13 on 1/2/97. Not a good sign.

Don't know anything about the fundamentals but if you believe they are strong and there is not immediate catalyst on the horizon which will cause this ship to leave port, I would recommend waiting and watching.

Good Luck
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