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Biotech / Medical : Matritech (NASDAQ - NMPS)

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To: Patrick Tang who wrote (148)7/24/1996 10:58:00 PM
From: Tim Zhu   of 849
 
Hi, Patrick, nice to listen to you these days. The market is full of bleeding bulls. I didn't experience any of the bear market around 1987. I wish I know how can we -- the potential baby bulls (in NMPS) survive within the bears' field? (Do you have any good example of "lovely bull" around the 1987 crash?) Good news, good earnings, and up grades are no more effective. "Good" stuffs are just offering chances to those shorties.

NMPS got FDA appraval and went up $3 then --- a shooting star right away. CYTO got recomandation of approval to FDA in the pannal review on 7/22 but DOWN.

Stocks with no earnings died first (AMTX, IPIC, TGET, etc.), then followed the stocks with high PE (SHVA, ASND, etc..), and big guys (INTC, HWP, BGEN) would die at last? I wish phase3 expension of NMPS can be completed by the election day.

I'd like to know how low can NMPS go? How much will it be in the bearist market in the worse case? I believe in Matritech's outstanding fundamental but I worry about the whole market!

I read your #144, #145, and #148 postings. And, Econamy is REALLY slowing down! Look at the gas price. I really hate to say that there will be no inflation! Bulls and Bears just started fighting.

Anyway, I appreciate everythnig that you did here.

Best Regards!
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