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Biotech / Medical : Neurobiological Tech (NTII)
NTII 0.00010000.0%Mar 7 3:00 PM EST

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To: Miles Rhyne Hoffman, CFA who wrote ()11/17/1999 2:17:00 PM
From: BRAVEHEART  Read Replies (2) of 1494
 
Hi Gang,

Clearly NTII is establishing a new trading range. Buying is occuring with new volume levels. 100,000 volume days are almost 10 times the old level. This is more than enough to break the old trading bands. Trade blocks of 20,000 shares are now seen. Clearly new money is moving in based on recent events. The question is what price levels are we now talking about. Many here predicted $3 year-end. That has been achieved for all intents & purposes. Given the current buying pattern I would anticipate say a min of $4.5 to $6 in the next six months provided everything continues to go well.

Best Wishes
Jeffrey
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