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Biotech / Medical : Guidant (GDT)

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To: Sam Armstrong who wrote (28)10/3/1997 11:08:00 PM
From: JMS   of 235
 
Although this JNJ lawsuit is a complete farce, it will certainly drive gdt down early next week. I think that gdt has them scared with this new stent.

Somehow I guessed right about last week's 10% run-up, so my call for next week is a 5-6 point drop early in the week, followed by some "discount" buying and subsequent rise to back around the 60 level.

The moral of this story: get some calls on the knee-jerk Monday AM.
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