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Biotech / Medical : EntreMed (ENMD)

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To: David Winkler who wrote (830)5/7/1998 6:51:00 AM
From: Cage Rattler  Read Replies (1) of 2135
 
David:

It is good to find your rational comments in here -- kinda like the past months for those of us who have followed ENMD for a different reason.

The tone on the thread is sounding like BREX crowd in the early denial-of-reality days. I am a bit concerned about the potential, totally undeserved, damage to corporate reputation this little market fiasco might have. Oh well...

To add one more prediction -- let me suggest that October of 1997 proved ENMD sensitive to market reactions (6-7 range) and the next serious correction will provide those of us who profited earlier this week an opportunity to re-enter, and possibly below last Friday's close. Buyers for the wrong reasons will sell for the wrong irrational reasons.

Very interesting real-time study in heard psychology, post-decisional conflict, and rationalization.

Ciao, Ted
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