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Strategies & Market Trends : Rande Is . . . HOME

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To: johnsto1 who wrote (33644)	9/3/2000 9:37:19 AM
From: GREENLAW4-7	Read Replies (1) of 57584

ONLY SHORT STEM!! BECAUSE they are actually a SHELL. I live here in Rhode Island, STEM use to be called CYTOTHERAPUTICS. They obtained state financing on a building but they could not get the company going. It languished around 2-3 for a long time, until finally they told the State they were leaving. They screwed R.I. out of the cost to build thier building and moved out to Calif. for a new start. They changed their name to STEM CELLS from CYTO-THERAPUTICS to what I believe was move to allow insiders dump their shares. From my research they have no more then 10-12 employees, no products in pipe at all, they have no coverage,no financing, and actually had ZERO earnings the last 3 months. Since the last time this stock ran from 3-19, the insiders have been dumping in droves! It only held above 7 for about 2 weeks before sinking back to 3-4 dollars. During the fall and over the last 3-4 months insiders are still selling heavy below 5. If you take a closer look at their SEC filing I'm not sure how long this company will be in business!! This is my own opinion, based on my own research. Short anywhere above 7, and WAIT!! But be very careful playing it long!!

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