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Biotech / Medical : OPTS--Opta Food Ingredients

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To: Doug R who wrote (26)6/2/1997 1:28:00 AM
From: Instock   of 85
 
doug:Thanks. How does the upside resistancee look?
I have $8.25 ( somewhat soft ) and 9.30 ( very firm ) There must me some resistance between those numbers but I can point a good finger on it.

I had just about the same numbers as you had for support except I see some support at $6.10 as well.

Which way do you think it will GAp at the open?
I see a 1/4 or less gap, it will then test 8.25 - 8.35, drop back to below 8.00, make another run at 8.25 to 8.35 and not crack it.
If at NOON EST the stock is below Fridays close by apx..25, I would expect major selling preasure!
Hope I am close to correct.
Later
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