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Biotech / Medical : Summit Technology (BEAM)
BEAM 31.20-2.7%Jan 16 3:59 PM EST

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To: pappy who wrote (989)7/16/1998 8:05:00 PM
From: Manny Gugliuzza  Read Replies (2) of 1386
 
This is a very strong fundamental move building with good tech support by backing and filing at previous resistance levels, NO serious volume to bring on hedging, best weekly close since Nov. 97, no negatives. the only serious setback that could punish this industry would be 100 of lawsuits for millions of dollars with an unforeseen failure of any technical procedure.

We will be retracing that path to new yearly highs very soon. especially with a release boost from expiration tomorrow. Aug 7.5's look juicy ripe.

ar.
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