GZTC Message Board - Msg: 2142872

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Biotech / Medical : GZTC

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To: H. Bradley Toland, Jr. who wrote (403)	9/8/1997 5:44:00 PM
From: Giuseppe Scalamogna	of 752

To all, The past few days price action I hope has not surprised any of you. We moved to 10 on friday and once again that proved to be a point of resistance. Today however we broke through that stubborn resistance dating back to the beginning of the year with fervor. Today's price is a 52week high and breaks a triple top which has been developing since the beginning of the year. We are still above the bullish support line dating back to last year. P & F charts have picked moves in this stock like no other system. I hope some of you were reading in earlier months when I pointed out the the opportunities this stock was presenting. From here, we have to wait for the chart to develop again but preliminarily I see the 10 - 10 1/2 range becoming our new support and highs pushing into the 12 - 13 dollar range. Let's just see what happens but congratulations to those of you that bought in at the lows and stuck with it. The last major break in the pattern came in January when we broke a spread quadruple top @ 7 1/2 and that took us all the way to 10. This move may be a little more muted but do expect some upside. I will keep everyone updated... GS

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