Biomatrix (BXM) Looking Great Message Board

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Biotech / Medical : Biomatrix (BXM) Looking Great

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To: James Baker who wrote (252)	11/29/1997 8:24:00 AM
From: John McCarthy	Read Replies (1) of 569

James - I wonder if BIOX and AHP KNOW about this study and in particuliar the medial vs lateral injection results. (I must confess I don't what a medial or laterial injection is) On Friday, there was a sale of 10,000 shares at about 10:30 A.M. I am guessing an institution or SHORT SELLING. I don't know TA but I 'listen' to it. It is my understanding that our next price support level is at $28.50. I am not certain which direction it will head on Monday. Again, and please remember that even after capital spending BIOX is sitting with about $20.0 mil. in the bank - right now - if they stepped in and purchased 100,000 shares it would stop the speculation. Lastly, thanks for your OK on the letter. I have a pretty good first draft completed. I have decided the best day to mail them is Tuesday. Regards, John

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