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Biotech / Medical : Respironics
RESP 50.79+0.2%Jan 26 4:00 PM EST

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To: ManyMoose who wrote (29)9/9/1997 6:24:00 AM
From: douglas ross   of 103
 
RESP went up another $3.50 in 2 days to an all time high. I don't know of any news to account for it. Because there are no big news stories, I'm guessing that it is fund buying. The small cap funds have been taking in much larger amounts of money lately according to CNBC. I'm thinking that they are putting this money to work.

Anyone else have an idea as to why the big move? Earnings upgrade? Rumors of buyout?

Doug
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