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Biotech / Medical : Biotech for less than a buck.

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To: RWReeves who wrote (206)12/3/1999 12:34:00 AM
From: Mike McFarland  Read Replies (2) of 743
 
lessee...ctii, just the first third, I'd guess
that it could slide a bit more, but was feeling
a bit flush, account way up*, no harm in starting
up again--will probably add to that very slowly.

Still have 15,000 kdus, to have and to hold...
they're paid for after the double from 3/16ths.

Curagen blowoff, plus Hyseq and GLGC, no surprise,
I watched the chart and almost went for some Hyseq,
would have done okay...plus whatever comes tomorrow,
but seemed not worth the effort. Besides, McCamant said
buy it up to $7...bet I can get it for $5 a few
months from now. Oh Curagen, sold it short at $35
in TheStreet.com trading contest. Amazingly I was
ranked 316 out of something like 13,000 entries,
~97th percentile it says. Cool, but that is probably
where I peaked, did not check after the close.
Have loaded up on ARIA and MAGN...ranked 12th
in Washington State...want to see if I can get
into the top ten.

What else...well I almost bought some ARQL today,
maybe soon if Magainin really moves, might cash
out a little of magn if it runs to $3.

If I told you how many ariaw I have, well,
as everybody likes to say these days, I'd
have to kill you. ...because they are not
worth a dime Mike
well, that is all I paid
and pretty happy about that. Not a smart trade,
but it'll be profitable next year some time;-)

finally,
If CTIC dips I'll probably get back in.

*keep in mind...after the Ariad stop loss I was
down 30% on the year...now I'm up 45%, a pretty
nice swing. I know folks have double and tripled
their money this year, but I'm pleased as punch
just to finally catch up to the Nasdaq. Of course
the wife's not complaining, her account was
closing in on 3x for the year, backed off a bit
today as TGEN exhales, but I'm done trading for
her for a few months--unless CNSI suddenly took
off...I supersized that one when I halved her
tgen the other day.

Geeze, I'm such a blabbermouth, why don't I just
tell everybody what brand of toilet paper I use <g>

'Nite!
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