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Biotech / Medical : Biotech Shorts

XOMA 32.98

-0.7%

Oct 31 9:30 AM EDT

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To: Don Roberts who wrote (26)	2/5/1997 10:43:00 PM
From: chester lee	of 61

<<Because of resistance at 19 1/2. See todays chart!>> Are you trading (shorting) stocks based on technical analysis (charting). What about fundamentals. I read through the entire ZONA folder and get teh sence that investors are hoping for a peice of the billion dollar impotency theraputics market. They site another competing company with a hugh market value (relative to sales). Unlike CARN, which I'm comfortable about (because I read EVERYTHING I got my hands on), and which shows poor and declining fundamentals, ZONA actually has a small chance of success. Tell me again why you would short this one other than the TA indicators. chester

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