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Strategies & Market Trends : Guidance and Visibility

AAPL 271.50

+2.0%

Nov 21 9:30 AM EST

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To: MJ who wrote (87052)	5/7/2003 6:19:03 PM
From: CrayUSA	Read Replies (1) of 208838

MJ, STEM was a short term trade for me. It bounced at 1.33 and I thought it could go to the 1.50's +. I was looking for .15-.25 cents and settled for .07 (bought 1.38 and sold 1.45)on 10K shares..made about 700 bucks. Having said that, I wouldn't be surprised for it to come back some more tomorrow. After that it probably needs more news to continue up short term. As far as LT do your own DD and remember Biotechs are highly speculative...but can pay off big LT. Tread lightly and carefully until you get a lot of experience. Hope that helps some. Always IMO. Good luck. Cray

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