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Biotech / Medical : AMYLIN PHARM.

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To: Eric Klein who wrote (39)1/18/1997 4:26:00 AM
From: luis a. garcia   of 52
 
Eric there is no one disputing the buy rating. My local stock guru is also hot on it. but he says the investment will really pay of in 98...
with a 2 year horizon and an aging bull market and the fed wishing to take the punch bowl away and the finicky biotec sector.. I think 1) there is time to shadow this trade, 2)There is time to pick a tradable entry point. wether is at 11 or 22 all that matters is (given the dominant trend is up) is to precisely time the entry point( I am avoiding very long term positions except for one or two execeptions). Biotechs move on news and speculation and if you don't pick the absolute right place to get in.. its easy to lose And if you stay with the trade too long you lose as well. Until the sausage starts looking more like sausage Phewwwww!!!

luis
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