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Biotech / Medical : Receptagen Ltd.

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To: jack BROSS who wrote (80)4/13/1998 7:40:00 PM
From: The Osprey  Read Replies (1) of 203
 
Jack Bross,
You and Carole Olowski hold tight.Somethings up. Close at .045????? Interesting. I remember when I first started buying this last year I was fooling with Loweonn always as the seller. Now CreditFinance buys 400000 and Loewen does a cross of 1 Million and all of a sudden we see a close at .04 and now at .045 on low bid and asked volume at the close.I don't have a crystal ball but I bet you this will move up on thin trading if it can get past .06 and then a NR about a merger(IMHO) and then watch it go.
This has to happen because I personally cannot see this company lasting without a merger. I have reduced my position to 1/2 as a precaution but still have quite a few.I am going to go out on a limb and suggest that the stock if given a chance will climb to near .06 by friday without a NR.or higher. I can hardly wait for to-morrow to see what happens.

Regards
Doug J(Osprey)
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