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Biotech / Medical : CYTO
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To: Parky who wrote (7056)3/25/1998 11:40:00 PM
From: Eric Freeman  Read Replies (1) of 8116
 
Many of us have been put to the test over the last while - we keep wanting an answer. I think it is this simple - CYTO still has all the promise it had and maybe even more. It has had poor management and "Wall Street smarts" have been lacking. But it has many items of possible interest to a partner or major.
So step back and look at this company like you had never seen or heard anything before. Where can you find this potential at these prices?
Something had to happen. Even if it goes down again - a move in here at some point was, and is, bound to happen. In spite of the management they have value.
The very fact that people ponder what is driving the price should speak to this potential. It isn't as though there is only one possibility. There are many. This volume and price rise are not an illusion, the stock is being accumulated.
Cyto is a good bet at these prices and my money says it is about to outperform this largely over priced market. But many will watch this opportunity go by, as they are looking back, they should be looking forward.
On a pure technical basis - Cytogen is a screaming buy - almost every indicator is flashing higher prices. So while many want answers - maybe by the time they get one, it will be too late. Thats how I see it.

Eric
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