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Biotech / Medical : SNRS- Sunrise Technologies
SNRS 0.0000010000.0%Dec 26 9:30 AM EST

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To: majormember who wrote (948)5/13/1998 12:17:00 PM
From: Sylvester  Read Replies (1) of 4140
 
Skane,

You make a very good point, which basically validates what I'm saying. this thread has a few SNRS loyalists, which I admit I'm one. But we can't nake the stock move. As Rainer mentioned, it appears that some "true believers" have lost some confidence, or simply want to put their profits elsewhere, and this may effect support levels although Rainer's $7.60 appears accurate. today $8.5 seems to be holding tight.

I didn't expect much from the news, and even casual metions on CNNFn and CNBC on other biotechs have less effect as time goes on.

Short term time frame and the emotion that goes with it are the determining factors right now on SNRS prices. Less emotion can mean lower prices.

Best regards,

Sylvester
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