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Biotech / Medical : CTEC: Cholestech any other investors?

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To: mozek who wrote (269)10/30/1997 8:18:00 AM
From: John Kratus  Read Replies (1) of 710
 
I think that CTEC is going to do a lot better than the overall market in the short term and the long term. But as we saw on Monday, CTEC is certainly not immune to market drops.

This market correction/crash/bear market/whatever-it-is may not be over yet. I've bought some market insurance by loading up again on America Online and Zitel shorts. (Both are disasters waiting to happen.) That way, if the market (and my CTEC) falls, my risk is protected. If the market goes up, CTEC should do very well, and AOL and ZITL will probably lag any market recovery.

If we have another mini-crash, don't let anyone steal your CTEC shares at absurdly low prices (e.g., 10). Good luck.

John
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