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Biotech / Medical : Centocor ( CNTO )
CNTO 0.000010000.0%Mar 7 3:00 PM EST

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To: Thean who wrote (145)8/19/1997 12:32:00 AM
From: FNS   of 965
 
Interesting day!!! Geron (GERN) helped biotech's... BGEN and CNTO up 1 3/16. Should CNTO close above 38 5/8 tomorrow (possible!), then higher numbers are in order from technical perspective. On the other hand, according to insider Form 4 and 144 Filings, CNTO's Dr. Hamilton dumped 28,000 shares at $38 on 7/29 (reported 8/14) after which time(1-2 weeks) stock headed south (34-35), and just recently jumping up! Based on this and GERN activity, not convinced that CNTO is ready to cut new ground into the 40+ range...Some positive news would certainly help! Incidentally, some GERN insider buying took place late June at $6...now $17+.

Have a good day, everybody!

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