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Biotech / Medical : IFLO is Breaking Out

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To: James Strauss who wrote (767)1/18/2000 12:32:00 PM
From: Jibacoa  Read Replies (1) of 1018
 
JIM:

As you said,I think the new acquisition will help IFLO.They are paying for it 1/2 in cash and 1/2 in stock.

Will see if it can close today above the present resistance at 4. The volume so far has been light (82,700) The B/A at present still not favorable (10/31) with the spread 15/16 to 4

I remain long and hopeful.

Regards and good luck

Bernard
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