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Biotech / Medical : Calypte Biomedical Corporation (CALY)
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To: Cindy Powell who wrote (323)2/6/1999 4:15:00 PM
From: John Lacelle  Read Replies (2) of 381
 
Cindy,

I have been away for a while but I see
that CALY is down 34% today. I don't
know what caused that, however, I would
not expect too much from a small-cap
biotech stock right now. Investors seem
to treat them like a case of VD. I still
think that the day is coming for these
small biotechs but the "tidal wave" you
refer to is probably not going to happen.

-John
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