Biotime-Nasdaq's best kept secret? Message Board

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Biotech / Medical : Biotime-Nasdaq's best kept secret?

BTIM 0.0001000

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Nov 7 9:30 AM EST

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To: Hal who wrote (1161)	11/4/1998 2:02:00 PM
From: Jim Roof	Read Replies (1) of 1432

Bid and Ask now 12 7/16, 12 1/2. Last monday Asensio issued his fraudulent drivel and about 500k shares changed hands at depressed levels. Those who sold on the news should take note at BTIM's strength since Asensio's hatchet job on the company. Those who sold short last monday should be thinking that game is just about over. BTIM is technically sound now and frankly, Asensio's 'research' piece last monday and the resulting negative reaction may prove in the long run to be an inoculation against irrational selling pressure in the near future. The next selling pressure BTIM sees will be from those taking profits on the backs of the covering that is now underway. A close at 13+ today would be a very clear message. Jim

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