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Biotech / Medical : Spine-Tech (SPYN)

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To: Neil_L who wrote (107)2/1/1997 1:40:00 AM
From: Stratajema   of 242
 
Neil, I think SPYN will move up 15%-20% in the next two weeks (before earnings) as part of normal trading volatility. Given the larger turnover of shares in the $19 to $21 range, it will be easy for traders to move this stock up when the volume slows. I have observed this is what the big swingin' traders like to do. No crystal ball claimed. If I'm wrong about my Put purchase, I will probably use it as insurance for some short-term trading as I'm a nervous trader with this extended rally in the overall market.

Regards,
David
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