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Biotech / Medical : MTEN - expected 1000% revenue increase in 97
MTEN 2.720+6.7%3:56 PM EST

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To: Rohit Sood who wrote (140)6/12/1997 5:17:00 PM
From: Ron Bower   of 279
 
Rohit,

Thankfully I'm in well below the $3.00 range. I doubt if there are many of those left. At 7/8 and an announcement about Lenscrafters brought me in just in time halve my investment in about two weeks. As I never put much into these long shots, the only hurt I'm feeling is poor judgement.

IMHO - This drop in price is more than investors bailing out. I think there's going to be a bounce and some bigtime buying at some point. I'm starting to look at it again because I wouldn't mind averaging down if I thought it was going to go somewhere. It's going down on high volume days then virtually no trades other days. I'd like to know who the buyers and sellers are.

Ron
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