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Biotech / Medical : Vion (formerly Oncorx) interesting play on Gene Therapy

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To: scaram(o)uche who wrote (20)11/28/1996 12:46:00 AM
From: David O'Berry   of 370
 
From a technical standpoint this stock has been forming what looks to be a strong base in the 3.75 to 4.625 range...This stock seems to move well to the upside on heavier volume days and drifts on lower volume...Classic pattern...Technicals often are early indicators of fundamentals to follow...This stock is trading in the low end of the band at the present time and appears to be a good buy at this level for both a short and intermediate play...Of course this is IMHO and you know the rules...Do your homework....Possible breakout above 4.75 would result in move to 7-7.5 range quickly...Any opinions and any of you chemical techies please interject your opinion on VION's products...I am long on this stock presently...
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