ASTM-AASTROM BIOSCIENCES: STEM CELL RESEARCH Message Board

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Biotech / Medical : ASTM-AASTROM BIOSCIENCES: STEM CELL RESEARCH

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To: w sun who wrote (55)	12/9/1998 8:01:00 PM
From: w sun	Read Replies (1) of 1084

It's musing to see what news can do for astm in the short term. By all likelihood, it appears that some MFs (person like Ken Kam at Medical Specialists Fund) got the wind form ASH a couple of days ago and jumped in and bought multi-million shares(ave daily vol. was ~50k). It gaped from 2 3/8 to 6 1/2 and closed at $5. In terms of dollar, it's still a small number. Most big funds won't touch it. In about 4 hrs since after 3:16pm, this group got more than 50 posts, near to all its previous posts over year and a half. It is listed as no #1 on "hot subject" of SI. I don't know how much most of posters know about ASTM. What's rev and market potential? How long will it take astm to reach market? What's longer term prospect? ASTM is a fine bio company with unique technology. How many peoples will make money if they bought today and next few days? I'm not sure. Those who bought at $2-4 range are happier ones for sure.(ws)

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