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Biotech / Medical : CEPH
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To: songw who wrote (251)5/11/1997 5:31:00 PM
From: IN_GOD_I_TRUST   of 998
 
Something tells me your right. I agree about this stock not dropping nearly enough on Friday. Believe me I was burned by it not dropping like others. Somethings not quite clear here and maybe the NY Times is tipping off that fact.

As far as CEPH other projects, earliest we can see something is probably late 1997, early 1998. Cash shortfall for the company should be a factor, especially after the bone head buys as of late and the over confidence of drugs approval. Until that point this stock should drop slowly until then. I still think shorting this one is a good move. I think I just went early. I am covering shorts for now, but ready to take a major short stand in CEPH when this thing stabilizes. My guess would be toward end of this week.

But if I see this thing staying around the thirteens with much support, I am staying out due to the unknown factor. This, of course, is IMO and I have been very wrong recently about playing CEPH ... Steve
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