CYTR: CytRx Corporation Message Board

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Biotech / Medical : CYTR: CytRx Corporation

CYTR 0.0920

0.0%

Oct 5 5:00 PM EST

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To: wgh613 who wrote (6)	6/14/2001 9:16:52 PM
From: GARY P GROBBEL	of 51

manny..1.63 would not be a problem except for the tenor of the mkt. that much and more will come from this stock but the collateral news and damage in the Nasdaq of late may put a cap on any gains. the bad news is the warnings like that from jdsu and others today will continue to pour in..the good news is that the fed is going to cut again...maybe another half point ...and that means that by fall we should be looking far enough ahead to rouse this mkt. we already have had history making fed cuts and they are not over. just like we all learned the hard way last year that you can't fight the fed we should be reaping the rewards of loose money in a few more months. comparitive qtrs will be looking good again maybe in dec but more likely by next march...and then even better from there. on the plus side one of the few place to go for the next number of months will be biotech/drug. if cytr keeps moving forward w/Merck and brings in add'l partners on some of these orphan programs we could really get moving....even in a lackluster or down mkt.

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