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Biotech / Medical : Micrologix biotech
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To: Techno who wrote (657)2/10/2000 4:51:00 AM
From: Graham Dellaire  Read Replies (4) of 792
 
Wait and see what happens today and tomorrow. If we see correction to the 5-6 levels then I imagine Yorkton would sit on their hands or reiterate rather than raise targets.

Yorkton had given MBI an 8 dollar target before and the stock spent most of the year between 3.50 and 2.50 a share (1997). This time they guessed okay, but for short term this stock is still a trader and has been hit with some momentum players. Check out the other stocks I quoted in my last message... they move exactly with MBI.

G.

P.S. anyone get out in the high 8's? That would have been sweet.
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