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Strategies & Market Trends : Trader J's Inner Circle
NVDA 190.23+1.8%Nov 14 9:30 AM EST

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To: DM who wrote (1391)12/9/1998 9:47:00 AM
From: Mike McFarland  Read Replies (1) of 56534
 
Follow up on previous ideas, and some more biotech

thread: PAIR--position...waiting. Recall I bought
at 7 1/4, sold at 7 15/16 recently. It did rise a bit
more yesterday but fell back to 8...I will re-enter
below 7 most likely. Latest news of "stockholder
rights" is more like poison pill, or at least that
is the tone on the thread...should weight heavy
on the stock for a few days.

Here is a good article to read about xDSL rollout
and the phone companies etc, on cnet
Five of the nation's biggest local phone companies joined with Intel, Compaq, Microsoft and Gateway today to petition the federal government for new rules governing high-speed Internet access.
news.com

now onto biotech!

Bought 1000 GZTC at 5 3/8...I would expect a bounce to 6
today...here is the news, if it doesn't bounce, no matter
a good one to hold a position in.
biz.yahoo.com

I already own Avigen, AVGN...here is the news:
biz.yahoo.com
just bought myself another 1000 at $3.
I actually think this is fairly huge...whether the
stock will run, who knows...after all BTRN had pretty
big news yesterday and I didn't make anything of that
one (but I will, oh I will).

Finally, Ariad, ARIA is finally starting phase I for
it's ARGENT technology, here is the news release
biz.yahoo.com
I own way too much of this one already, and I don't
trade it, and frankly I couldn't recommend it for
anyone but the biggest biofreaks, but I thought I'd
mention it just for the hell of it.

Good golly, just in the time it took me to key that
all in, there have been eight new messages to the
thread, navr must be afire.

happy hunting
--MM
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