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Strategies & Market Trends : Guidance and Visibility

AAPL 271.03

-1.0%

3:13 PM EST

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To: Findit who wrote (102558)	1/2/2004 2:41:01 PM
From: Mike C2	Read Replies (2) of 208838

BKYI PLC/CGCP VWPT RCNC RCO rebought BKYI at 1.06. remind me not to look at it for a few months.... PLC markets a laser for TMR (transmyocardial revascularization). Many of you will recall the run CGCP had last summer re. their PMR (percutaneous myocardial revascularization) technology. The PMR procedure is less invasive like angioplasty is less invasive than open heart procedures, but CGCP dropped on concerns about the technology. I think it's about not understanding why it works, even though it does. Reports are that angina is relieved as blood flow expands. biz.yahoo.com If the interactive review by the FDA does not support PMA (premarket approval), CGCP's loss may be PLC's gain. As well, PLC has just held at the breakout point (CwH) from early October. Selling pressure has abated. Short term stochastics turned positive Wednesday. The downtrend line from October's highs has just been pierced. And, it's January. encourage all to watch for volume and/or further move to the upside... VWPT backed up my good feeling about the chart with a buy today. RCNC have no good feeling about RCNC, but maybe should have had some LOL. RCO buyers were back in force in the first 2 hours...that bodes well for next week i hope. mike p.s. re DRXR there is news today about a presentation...i was overleveraged in mad cow and had no further interest in stretching margin for it last week. can't play em all.

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