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Biotech / Medical : HBOC...Buy in here?
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To: Sommers who wrote (239)9/1/1998 7:51:00 PM
From: Rarebird  Read Replies (3) of 341
 
This stock has gotten hit awfully hard here. It's fair to say that HBOC has broken down for no good fundamental reason. I see the next level of major support at $15. I doubt we will hold the lows at $18. Money Managers and Institutions are just selling HBOC to death to raise cash. It's happening much quicker than I thought it would. I will quintuple my position in HBOC come the fall ( hopefully before earnings ). It's still a great company. :)
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