Wanted: Long-Term "Strong Buy" Recommendations Message Board

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Strategies & Market Trends : Wanted: Long-Term "Strong Buy" Recommendations

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To: Philip H. Lee who wrote ()	11/21/1996 3:17:00 PM
From: Tony J Brice	of 54

CYTC is probably the kind of company you're looking for. Although a lot of day-traders are making money on this stock right now, it is positioned extremely well for growth. There is a CYTC thread under the SI Biotech section if you want to follow it but here is a summary: CYTC has developed a method to replace the traditional pap smear. The FDA has approved CYTC's promotion of the new product as SIGNIFICANTLY better than the traditional method. The stock jumped from 12 to over 20 on this FDA approval (couple of weeks ago). It leveled out at around 19. This week, CYTC's method was approved for payment by the first of what should be several large healthcare insurers, critical in the success of any such product. The stock has risen to over 25 in the last two days on this news. Although there is some profit-taking along the way with any stock moving this up this quickly, I think smart investors are staying with it. They realize that labs and gyn's won't have much choice but to move to this product given 1) the FDA ruling on its significance and 2) the willingness of insurers to pay for it. Good Luck!

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