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Biotech / Medical : OSTEOTECH (OSTE)
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To: Michael Collins who wrote (10)6/29/1997 4:01:00 PM
From: jerry   of 141
 
Friday's action was VERY bullish. ~200000 shares traded in the morning, BEFORE the stock started to move. Looks like something is happening. It started leaping up right near the end of the day.

I think we might see 11 3/4 - 12 this week. Also, earnings are due ~mid July, and good chance of a further pop at that time, to my next target.

My guess is that good earnings results just came in, causing Friday's buying. We'll know soon. Thanks for the insider info Duke, that reinforces my bullishness. Jerry
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