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Strategies & Market Trends : Technical analysis for shorts & longs

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To: Clint E. who wrote (15921)	5/10/1998 11:51:00 AM
From: aknahow	Read Replies (1) of 68069

Read the Barrons cover story on duPont. One of its' expressed alternatives is acquisition of a small biotech. TSC or thestreet.com recently ran article on German interest in U.S. drug stocks, not clear if this also means biotechs. Todays Sunday N.Y. Times jumps on Jim Cramers concept, without any mention of the TSC, with article giving historical past acquisition and indicating more to come. The biotech sector is IMO in play. See XOMA thread for longer thoughts on implication of the article. This is a sector thing, not a XOMA specific event. Posted there only because I did not know where else to post it. I think the article will impact your list of stocks. Let me know if see any sector or list specific move. Believe we will see over-valuations as well as breakouts as the implications of the article are realized.

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