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Biotech / Medical : BIOTECH & TECHNOLOGY INVESTING *UNDERVALUED*{T/A F/A & V}

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To: tuck who wrote (307)3/15/2000 5:58:00 PM
From: BRAVEHEART  Read Replies (2) of 423
 
Hi Tuck,

No I missed DSCM. I had an order to buy at the open & it escaped me so I cancelled it. I rarely ever chase a stock. For that matter nor do I chase a market.

Technically the biotech sector has breached some key levels. This will likely create long term reversals in the spiked up/hyped up, overvalued plays. It will cause those trending up slowly like GLIA to correct & fall into a trading range while those at the bottom will likely be treated with mixed patterns. The undervalued stocks at a bottom will likely trend down into "I can't resist levels".

There will be opportunities. But I thinks we have a lot more ugly before it's all over. Patience my friend. Strike any stock that gets overpumped with shorting. Starting with ASTM... : )

Watch lists are still relevant. Keep an eye on % change since added to our list. Eventually a few will start screaming back at us. Screw USON. A stock has to be feathered in gold in this market before it will fly.

PCTH did an odd thing today. There was a Hamptden recommendation. Out of order with the dip one might expect with attempting to get a conversion price. My guess is they may be getting the votes they need & passing the converts somehow & $1.5. Watch for those SEC filings. Once they issue a full conversion things should happen fast.

BEST WISHES
Jeffrey
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