CEPH Message Board - Msg: 1441823

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Biotech / Medical : CEPH

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To: KurtVedder who wrote (359)	5/20/1997 7:21:00 PM
From: WeirdPro Randy	of 998

I may be very bullish on CEPH, but it is the street or the market makers who are the most bullish. Almost 2 weeks following the advisory comittee, we find CEPH at 13....and has not really budged, seeming to be maintaining a resistance at 12 3/8-12 1/2. Don't think anyone knows the short term prospects regarding the FDA and myotrophin, but it seems the long at this point remain long and the bargain seekers are not going to see < 12 very easily. More importantly, the FDA is just one of three possibilities to create an exciting jump in CEPH.....the other two being European approval and modafinil. Ceph is going up soon, how soon is my only unknown.

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