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Biotech / Medical : Biotech Lock-Up Expiration Hell Portfolio

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To: tuck who wrote (614)	2/4/2002 10:58:21 PM
From: Jibacoa	Read Replies (2) of 1005

Good luck with ITMN. Let's hope that after today's slump it will have a next day reversal (like the one it had from Jan.16 to Jan.17) If it has a two day slump before reversing (like on Jan.2 & 3 before the Jan.4 reversal)it then may test support at the 34 level. The Sept.19 L was 26.76. Except for the heavy down volume day of Jan.3 (5,764,900) Other more recent heavier volume days have been to up-side(like the 3,559,800 on Jan.17) I would like to see it clearing its overhead resistance at the 51 to 52.95 level.(Let's hope that will happen after their scheduled cc on Feb.13) Some of the directors like (Dr.E.Engelman a Patholgist at Stanford have been selling a pretty good amount in the $50 range)http://www.siliconinvestor.com/readmsg.aspx?msgid=16918938 Of course I admit that I am a little concerned about the "general market" and don't like at present to try to buy things too cheap.<g> RAGL Bernard

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