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Biotech / Medical : Biotech for less than a buck.

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To: RWReeves who wrote (154)	11/9/1999 12:06:00 AM
From: Mike McFarland	Read Replies (2) of 743

Perfectly reasonable to expect Ariad to fade a bit from the high...I traded away a handful on the way up, and another handful at the top-- added to a couple positions plus started another with the proceeds. But further downside to AXPH and SNAP? Don't think so, only way they're going to dip some more is if a general market correction ensues. I guess snap's loss was a tad greater than estimates, but wouldn't think it would trade much lower than cash (right?) Well...since that is where I put a little of that fresh cash, I suppose maybe it is destined for new lows :-0 Added to TGEN. CTIC is coming off the lows nicely, was lucky to have put my wife in that near the low.

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