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Biotech / Medical : Oscient Pharmaceuticals Corp. (OSCI)

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To: Tara Cobble who wrote (36)7/11/1996 10:19:00 PM
From: Joseph wang   of 1154
 
I think laymen Wall Street guys may be responsible for the
downturn in genetic stocks today because they probably associate
these with HMO stocks and medical stocks -- which took a big dive
today.

But looking at today's action, I think as a defensive move, if
I were to buy GENE, I would probably buy GENE, INCY, and HGSI.

I wouldn't solely invest my money into GENE. INCY recovered
the quickest today (again, why didn't any other stock in the
group do that???)

HGSI is trading at its support level and near its 30 week moving
average.

GENE is almost down to its 30 week moving average. I think all
these stocks are cheap right now. I just wouldn't bank on any
1 stock though.
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