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Strategies & Market Trends : CYTC - How High Can It Go!

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To: fat boy who wrote (30)8/20/1997 12:33:00 PM
From: Ted Downs   of 185
 
I would check out the news announced today. I think that is very positive regarding the Mead Johnson partnership to promote the thin-prep tests nationally. I do think that this agreement was a smart move by the company using a huge sales force already in place with customers of their own established. Things are going well for Cytc so hopefully the stock will appreciate back to the 30 area where it's been previously. A good entry point is difficult to pinpoint however stochastics looked very positive at about 21 3/4 but macd has not yet given a buy signal. The macd is a slower signal for buys but would still leave time to make some money. I'm very bullish on this company so I am not so concerned with the short term outlook. Good Luck and make your own decisions after due diligence .

Ted
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