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Strategies & Market Trends : Steve's Channelling Thread

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To: Rich1 who wrote (9709)1/3/2001 12:26:18 PM
From: Zeev Hed  Read Replies (2) of 30051
 
Rich, I actually have a top next Wed mid day or so. I just got back into BRCD at $66.25, still waiting for somewhat better prices on the rest of the quartet and IDPH, I hope for at at least a DCB in that one, but I am not sure if jumping is wise. Well, I just did, jumped into IDPH at $158. Another biotech that has been punished severely is CRA, and this one at just around $30 is almost a value stock. Not only they have a solid lock on the genome, they have a billion in cash and their market cap is only twice cash. I am still watching for more desperation there and try to see if last week's low will hold. But this one should be an interesting one, once the market turns for real. I also just got back in QCOM at $70.75.

Zeev
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