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Biotech / Medical : Nuvelo (Nasdaq: NUVO)
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To: Brasco One who wrote (139)2/22/2000 5:47:00 PM
From: Tom Hua  Read Replies (1) of 286
 
Donny, I took profits on a large fraction of my biotech stocks on Friday, and shorted a few (HYSQ, GLGC, ABGX). Today I did the opposite, took profits on my shorts, and went long HYSQ at 98 3/4. Biotechs is the hottest field right now, I suspect the volatility and trading opportunities continue to present themselves in both directions. I doubt they'll go straight down so quickly. HYSQ has corrected 30% from its high last week, it maybe good for a bounce.

BTW, back in ESHR today at ~ 15 3/4.

Regards,

Tom
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