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Biotech / Medical : IDPH--Positive preliminary results for pivotal trial of ID

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To: Howard Hoffman who wrote (952)6/5/1997 1:12:00 PM
From: Roudy   of 1762
 
I'm hearing the buying is coming through Punk Zegel and Montgomery Securities. Both have analyst with strong buys on IDPH. Looks like today's volume will be strong again. Something must be brewing with all this activity. Looking at the P&F chart, breaking the $25 dollar mark put us through the bearish resistance line and is very positive. The bearish resistance and bullish support line on a P&F chart is charaterized as going through a brick wall by Tom Dorsey and having moved through there today should see the stock moving up easier.
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