ATIS is on the move! Message Board

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Biotech / Medical : ATIS is on the move!

ATIS 0.1000

-47.4%

Apr 14 5:00 PM EST

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To: Marshall Teitelbaum who wrote (1251)	12/22/1997 5:46:00 AM
From: Harry D. Kramer	Read Replies (2) of 2205

Hi Marshall, I think we have seen the low on Friday. This is a bold prediction from someone who doesn't believe in trading and who actually doesn't care about short-term movements, but combine the options expiration argument with the short interest position, the technical picture of the stock and the fundamental factors, and I say chances are very high that this was the bottom. Biotech was split in the last few days. We had some nice movers, but the group as a whole remains weak. However, I think the last three December weeks are always tough to call. With the uncertainty this year it's even worse. I'll take a break for the X-mas holidays. Think that's the best thing to do right now. Let the market fluctuate and come back in early January. Have a nice X-mas! Harry

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