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Technology Stocks : YURI ( YURI SYSTEM )

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To: The Phoenix who wrote (616)2/24/1998 7:44:00 PM
From: HerbertOtto  Read Replies (1) of 1181
 
<< pathetic stock >>
Gary,
Now that the 200-day MA has failed, it seems more risky day by day. Today's low matches the Jan 30 close, but it looks like it won't hold. Next target is 18 - re-test the December lows. That should produce a rebound, but if it fails, there looks to be some very good support in the 15 1/2 to 16 1/2 area.

Do you trade biotechs? LGND and ISIP are within days or weeks of their 1st NDA filings. LGND has especially good technicals.

Good luck with YURI,
Herbert
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