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Biotech / Medical : Texas Biotech (TXB)

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To: E. Graphs who wrote (553)	2/11/1998 12:54:00 PM
From: Joe Senesac	Read Replies (2) of 834

There is a certain amount of overhead resistance in this area, which seems to be being broken through. This area is where the stock has always run into resistance because there wasn't enough positive news or action to make it through. This may be the piece of news that helps it do it! Again, I think if people want some real gains, check out the warrants (txb_t under yahoo, txb+ or txb.ws elsewhere). These guys have an exercise price of $8.69 or so, if the price goes to $16/share (hypothetically), the warrants become worth $8/share. And they currently trade for about $0.75! I just don't understand why no one seems to notice them.

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