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Biotech / Medical : AMYLIN PHARM.

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To: who wrote (33)1/12/1997 2:32:00 PM
From: luis a. garcia   of 52
 
Tony I agree it looks good, however locating the ENTRY point is tricky.I think your assesment is correct, the stock fits a portfolio which can park a substantial sum of money till 98 on a security... Now then when you consider doing it in a biotech still in the money burn phase...its tough to get too bullish in here unless your friends refer to you as DEEP POCKETS....

However the stock is under accumulation and has been touted as a JAN stock.... maybe the secondary you mentioned had something to do with that.. certainly the insiders were unabashedly piggish at 10... So any market weakness to 10nish will offer the trader a good oportunity to participate in this company. set your alarms to buy around 10-11nish.
A correction in the bull market or a change in PARADIGM(lots of noise about REAL ESTATE)...may wreak havoc with this sector..what is your opinion?

just my sentiment...need to do more due diligence on this one..

regards

luis
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