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Biotech / Medical : Novoste (novt)
NOVT 111.14-6.6%Jan 2 9:30 AM EST
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To: TwoBear who wrote (94)3/5/2001 5:03:01 PM
From: Oak Tree   of 100
 
Novoste is showing some life (broke through some resistance on increased volume). Word is that their angioplasty trial (non- stent) is going to be positive. If the results are the same as stents, it will put pressure on stent prices. If the results are better than stents, there will need to be a head to head against stents, but some people might convert to radiation if the price goes down. I bought at 34-35 -- probably too much. Hoping for mid 40's.
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