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Biotech / Medical : ATIS is on the move!
ATIS 0.1000-47.4%Apr 14 5:00 PM EST

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To: Rick Strange who wrote (1742)2/3/1999 11:42:00 PM
From: Marshall Teitelbaum  Read Replies (2) of 2205
 
Rick,

From a technical standpoint it will be interesting to see if ATIS can base a bit higher than it has the last few months, although it has gradually taken slight baby steps upward in this direction. However, even with today's volume reduction it closed with a bid/ask higher than the old 2 5/8 to 2 3/4, although bouncing off of 2 3/4 earlier in the day. If it can base above this, it should be a very good sign for a near-term punching through in a maintainable fashion of the "lofty" 3 mark. Ultimately, this technical stuff means nothing in the long haul, so time to twiddle the old thumbs for a bit until there is fundamental news.

If people over here haven't taken a look yet at the Wedbush wound repair report, it is a worth a look. Alex Arrow presents a nice fundamental presentation on the industry and the companies that participate in it.

Regards,

Marshall
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