Depotech(depo) Message Board

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Biotech / Medical : Depotech(depo)

DEPO 7.300

+1.7%

Aug 14 5:00 PM EST

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To: scott harrison who wrote (243)	11/21/1997 8:38:00 PM
From: Tom D	Read Replies (1) of 887

Its anybody's guess. Mine is currently running in the range of 23 to 26. The market volatility has probably taken some DEPO buyers away to chase after corrections and rebounds in other stocks. I guess DEPO will hit the upper part of this range if the company is presenting at the BARS Medical Conference in early December. I still don't know if they are scheduled for this. A conference presentation would attract additonal bullish interest which would be unlikely to sell off before the ODAC announcement. The price after the announcement could go even higher than this if there is a December small cap rally which extends to biotech stocks. Marty Zweig was the most bullish he has been in several months on his message this past Thursday night. A nice mixture of upwards momentum and skepticism is develping. And maybe the APEC meetings will reassure foreign investors. Best Regards, Tom D

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