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Biotech / Medical : CEPH

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To: Malladi Prasad who wrote (13)6/10/1996 3:09:00 PM
From: Doug Kaiser   of 998
 
All:

What is the deal. This stock hit 41 on pure speculation. The adv. board gave it a 9-0 approval and it only trades up 1pt. I just don't get it. I thought this stock was really going to move (10-15 pts.) on this news. Lots of volume and very little movement. Please advise.

Doug Kaiser
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