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Non-Tech : Invest / LTD

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To: drsvelte who wrote (1625)8/7/1998 4:32:00 PM
From: Shelia Jones  Read Replies (1) of 14427
 
Hi drsvelte! About that ICOS: Now it may be time for it to fall. The big block buys last week (if I had level II maybe I would have seen LaSalle - hope to soon) must have been leading up to this. They were probably selling today.

12:00 -- 13:00 ET (Updated throughout the hour)******
ICOS Corp. (ICOS) 24 1/8 +1 1/2: LaSalle St. Securities maintains intermediate-term "buy" and long-term "strong buy" on biotechnology company as next 12-18 months will be very pivotal for company; expects ICOS to move forward with three products into Phase III clinical trials for four indications.....

Heck - I made 20% shorting ANAD a few days ago. I'm so lucky!

ANADIGICS Inc. (ANAD) 18 3/8 +2 5/16: Volpe Brown reiterates "buy" rating on supplier of radio frequency and microwave gallium arsenide integrated circuits with a 12-month price target of $20 a share; believes wireless business revenue has bottomed and should begin to move higher as evidenced by book-to-bill for wireless products; also believes products for the CATV fiber markets will continue to grow at a 30%-plus growth rate over the next couple of years; also expects gross margins to trend back toward historical mid-40% levels.....

Now I have to pick up the in-laws at the airport. (Uh, did I say lucky?) Will surely be in a shortin' mood come Monday. Looking forward to your picks.

Do you think Hong Kong will hold the peg?
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