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Biotech / Medical : OCGT again
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To: Stock Puppy who wrote (6)7/15/1996 2:39:00 PM
From: Jack Ucci   of 283
 
With Nasdaq continuing to be hammered OCGT seems to have steadied since its drop on Jul 10. I did speak to the aforementioned broker about it and he was still positive, considering its present price reason for more buying. I think he thought that more contract announcements were yet to come. I bought more at 1.53125 four weeks ago Friday and much more this past Thursday at 1.15625. I hope this is close to the bottom for OCGT. The last contract announcement did not do much for this stock. Short term prospects for OCGT can't be much brighter than for many other tech stocks. My patience could be tested if further good news produces another drop in the stock price.
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