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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank
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To: Jenna who wrote (14984)9/17/1998 5:01:00 PM
From: Judy  Read Replies (1) of 120523
 
IMNX may not be in play again until after the market has bottomed. Today it was case of sell on the news, violated support like a knife thru melted butter. The FDA broad voted for approval of Enbrel, but the FDA won't act until early November. The Street sees no reason to sit on dead money for a month and a half in a shaky market. Put IMNX on your watchlist for late October.
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