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Biotech / Medical : ABTI Alpha-Beta Technology
ABTI 0.0002000.0%Oct 31 9:30 AM EDT

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To: ron forgus who wrote (536)8/29/1997 9:25:00 PM
From: Cacaito   of 572
 
ron, it does sound risky. I trade long (months to years)and can not put big time on very short term trades. Sometimes a couple of weeks between trades. Being this the case I am not in a position to give an opinion on this, but the charts became quickly overbought so the imply volatility is big. Good luck.

I do not know Dorfman, but I read all the full studies before the debacle and my prediction was failure (at least caution)at that time.

I do hope that Dorfman is not suggesting this company anymore. If he is doing that, I would love to know the details.

I did trade once in a failure ( almost dead cat bounce?)ALLP about three month ago, got nice profit quick but my intention was to hold it for couple of years. I did believe in the company, and the research. Same with Xoma, times 2. and again a holder. I try with REGN but very little profit (too late). Again, this are companies I do believe in their research and by coincidence got some quick profits. My style.

Regards,

cacaito
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