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Biotech / Medical : Biotech Valuation

CRSP 52.51

+2.7%

3:59 PM EST

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To: scott_jiminez who wrote (5553)	1/25/2002 1:09:45 PM
From: Jibacoa	of 52153

<<"Look at the charts of the vast majority of BTs during the period you cite.">> SJ: I am not sure that you are aware that most people in this thread don't look at charts.<g> Although they may represent a graphic view of buying/selling pressure, it is not considered a scientific method to evaluate a stock prognosis.<g> Regarding ARIA I remember well its "run" from 6 to 48 but it took it several weeks to accomplish it.<g> (from the last week of January to the first week of March 2000) In the last week of November 1999 it took ADSP only one day to go from 4 to 57.<g>(It closed at 23, but I was glad I was able to sell above 50.<g>) Those were other times indeed !!! Before the BBB.<g> People that don't follow price action, may not be aware that in spite of its long term value SEPR has been on a "down-trend" since its H at 60 on December 28 and that if the price dips below 47 it may see some more selling pressure from those "chartists".<g>( At present it needs to close above 55 to have a better "chart pattern".<g>) RAGL Bernard

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