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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (69569)	10/26/1999 2:39:00 PM
From: wiz	Read Replies (1) of 132070

Mike I've been following a biotech I like a lot. It soared after it's IPO, and has now settled back to that IPO price. It has even gone down below the level of a large private placement as of today. It has all been on low volume, and I still beieve in the company. I know you don't like to follow technicals, or black magic, but is there a repeating patern biotechs follow along these lines? It seems other biotechs I have followed have had similar price action to this one. Anyway, as far as buying. I would imagine this as good a time as any to buy my first third. Would you be looking for some other reason as to why this stock has dipped so low? (giving the market credit for being logical?)-g- thanks, mark

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