ABT: Abbott Laboratories Message Board

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Biotech / Medical : ABT: Abbott Laboratories

ABT 124.51

-1.7%

3:59 PM EDT

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To: Paul Senior who wrote (11)	6/12/2002 12:57:06 AM
From: Stephen M. DeMoss	Read Replies (1) of 33

Hey Paul, I did short the stock for only a fraction of the fall. It held up well for longer than I felt comfortable so I was shaken out of my short position. I do think it is a buy in here. The only thing holding me back is the trend. If the stock breaks and closes below its 52 week low, it could go much further even though it is oversold. I would not be surprised to see a rally to the 45 area near term if the market can rally. We seem close to capitulating in the general markets which could knock ABT to 32...I'd be very careful and would not use margin. Good luck. Steve D.

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