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Biotech / Medical : Cell Therapeutics (CTIC)
CTIC 9.0900.0%Jun 26 5:00 PM EST

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To: WHL who wrote (26)3/27/1998 9:57:00 PM
From: dipper   of 946
 
I held MATX at 3 1/4 from Nov 97. 15 cents above end of year cash position. MATX had many more disappointments than CTIC. Got out at 4 7/8 two weeks ago after an investor meeting took place in Phoenix three weeks ago. It's all about exposure and patience. I'll take this extremely low risk situation any time. My opinion is that there are plenty of disappoiting biotechs that trade much higher than CTIC and management sells, not buys like they did recently in the low teens.
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