Remedy Taking a hit why? Message Board

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Technology Stocks : Remedy Taking a hit why?

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To: DD™ who wrote (490)	3/21/1998 6:25:00 PM
From: Jon Huang	Read Replies (2) of 763

Well, it's certainly true that RMDY looked weak on Friday, but so did many other stocks. Given the fact that RMDY was as low as 16 1/2 last week, it's not too bad to see it close above 20 at the end of this week. Now last time it made it to 21, it retrieved slowly back to 17. We shall see how it behaves in the coming week. Thursday's action is strong, which is not justified by Friday's follow up. Good thing is that there was tons of block buying on Thursday while Friday is mainly small block dumping. Medium term looks good, short term looks volatile. regards, Jon

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