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Biotech / Medical : Lukens Medical

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To: ted birnbaum who wrote (40)9/24/1997 12:38:00 PM
From: mark cox   of 55
 
I'm not sure why LUKN is moving back up as much as it has so quickly but I have two probabilities. One is that some good news has happened that we the individual investor are always last to hear about or that the short sellers are buying back their positions. There were about 70,000 shares being shorted in June, July and Aug. Hopefully this is an early signal of good 3rd quarter results forthcoming. Looks like you made a good move buying some Ted.

Mark
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