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

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To: tuck who wrote (340)3/23/2000 4:35:00 PM
From: BRAVEHEART  Read Replies (2) of 423
 
Hi tuck,

Actually I held up on HLT. Awaiting short term T/A for a better entry point. Possibly $7...

I decided to get into PCTH today. The days end Volume was suggestive of a short covering scenario. They wouldn't cover here unless they didn't see much downside. Just a theory. There are many potential scenarios so I only added 1/5th of my intended position. Maybe another 1/5 th tomorrow with sights on a Mon rally.

My guess is they are saving something big for the last series of converts. Should pop it passed $6 IMO.

BEST WISHES
Jeffrey
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