CMP Message Board - Msg: 4073919

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Biotech / Medical : CMP

CMP 24.73

-3.1%

2:15 PM EST

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To: Dale Baker who wrote (387)	4/15/1998 3:52:00 PM
From: M. Frank Greiffenstein	Read Replies (1) of 1308

I sold a large block in small bundles... Dale, You reasoned that large buys went off at the open, followed by smaller sells throughout rest of day. But you have no way of knowing whether traders are slowly exiting their positions. When I saw that CMP couldn't hold at 13 after the CC, I figured the market did not like what it heard, or perhaps they were underwhelmed. My philosophy is to never let a profit turn into a loss. I steadily sold off my shares between 12.5 and 12.25. I do that with a thinly traded stock, because large blocks move the price too much. I'll wait for the next contract news to see if I get back in. I was hoping for the vaunted contract with Humana to be mentioned during the CC. It wasn't. Good luck, all. DocStone

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