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Biotech / Medical : ASTM-AASTROM BIOSCIENCES: STEM CELL RESEARCH

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To: Fred Puppet who wrote (13)9/24/1997 4:22:00 PM
From: Jeff Briley   of 1084
 
Well, although I did not play this stock long, I took a nice short position in it today near the close at 8 13/16.

Today was the peak volume day for ASTM. If you look at any stock that flew as much as this one in a short period of time, you will find the turning point for profit-taking is almost always the day of the peak volume or the day after. Anyone planning on holding this stock long-term should sell tomorrow and buy back more shares on Friday.

Best of luck,

Jeff
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