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Biotech / Medical : Matritech (NASDAQ - NMPS)

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To: eugenic1 who wrote (77)6/17/1996 12:51:00 PM
From: Patrick Tang   of 849
 
Relax Roger: This is not the end of the world. You are still alive and well and can dream your happy dreams. As a long-term fundamemtal investor, you should concentrate onto the BIG picture, and not the daily trivial news.

Yes, NPMS still makes lower lows. Yes, the volume action is terrible. Yes, the competitors are heating up. Yes, the secondary distribution is overhanging. Yes, it is struggling to stay above the primary support. So what? The BIG picture is still bright. Its products are still promising. And above all, its PRIMARY trend is still up.

For most stocks (70%) in primary uptrends, the secondary reactions or corrections often fall in the range of 50% to 60% of the primary move, therefore technically speaking, NMPS's long-term uptrend is still intact as long as it can stay above $9.00. Since you bought in at a much lower price. You should be OK.

I could not find anything regarding Marketscope. But we are still alive and well. Cheer up, Roger. Life is GOOD.

Regards.
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