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Biotech / Medical : MTEN - expected 1000% revenue increase in 97
MTEN 2.220-18.4%Nov 6 3:59 PM EST

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To: Tom Hofmann who wrote (47)1/8/1997 11:09:00 PM
From: Joseph Busch   of 279
 
I've done some technical analysis, though do not profess to be an expert,
and I don't recomend anyone use my comments for their investing. However,
for entertainment purposes let me give my opinion. Though the company may
have a great product, this stock is under a dollar! Expect any rise from
here to attract day traders. As for volume, I don't see it. I expect the
stock to fall back to 13/16 to 10/16. I'd be a buyer at 11/16. The stock
did breakout of its down regression channel, and does have some bullish
dvergences. I would not recomend anyone take a large position in this stock
at this time. Maybe a 1000 shares.
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