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Non-Tech : Enamelon (ENML) - Does anyone follow this?
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To: chester lee who wrote (524)4/14/1998 7:00:00 PM
From: Mama Bear  Read Replies (1) of 863
 
I was expecting a pop on that news myself. I did post on the AOL MF ENML board (did I post that here as well?) that it was showing serious weakness because it did not do so. I still think it's a great short here, I won't be covering for anything above 5. If it can't move up in this market environment, you can stick a fork in it. The fact that it traded below 9 3/4 is ominous. That it did it on not insignificant volume is definitely not a positive. Lehman was busy sitting on the ask all day. R&R is gone. Enamalon doesn't have a prayer for success in marketing their toothpaste. Don't let the relatively low price fool you. It's a sell.

Barb
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