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Biotech / Medical : Regeneron Pharmaceuticals
REGN 674.95+3.1%Nov 11 3:59 PM EST
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To: nigel bates who wrote (551)7/12/2001 11:20:24 AM
From: Scott H. Davis  Read Replies (1) of 3557
 
As anticipated, REGN dropped into oversold territory today, and may be a buying op. If no adverse news is out there, should be a pretty simple 50% gain from here over the next 12 months.

But the vol today is pretty strong on the drop. I'd have to add more margin to add any more.

Anybody have any wind of bad news? could be a fund or institution thinning or closing a position, but I'm a little concerned.

Scott
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