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Biotech / Medical : VD's Model Portfolio & Discussion Thread

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To: Rocketman who wrote (5399)	8/1/1998 2:52:00 PM
From: Rocketman	Read Replies (1) of 9719

MODEL SELLS 500 INHL @ $28.50 = $14,250 PROFIT = $2,687.50 = 23.24% GAIN MODEL BUYS 1000 ABSC @ $6 9/32 aka ($6.28125) = $6281.25 NEW BASIS FOR ABSC = $8.74 MARGIN DEBT = -$91670.25 WE'LL BE HANGING ON TO SOME BUYING POWER FOR THE MOMENT...??? While we still like INHL longterm, I'm starting to convince V1 to be more of a biotech trader, buying low and selling high. I predict we will be back in it again. We still like ABSC and thought it was a buy in the $11s, well, it is a screaming buy in the $6s, so we figure a little averaging down was in order. Rman

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