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Biotech / Medical : SNRS- Sunrise Technologies
SNRS 0.0000010000.0%Jun 6 11:01 AM EST

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To: majormember who wrote (2108)2/20/1999 3:24:00 PM
From: Stephen M. DeMoss  Read Replies (1) of 4140
 
Does anyone know if Sunrise will eventually become optionable? Ie. are they moving toward it? Personally I believe SNRS will float in the wind with the general market. As news becomes more imminent, it will spike. Short term it is in a down trend. Friday was an inside day. If the market tanks over the next 2 weeks (where is the leadership anyway?), Snrs will retreat to the low eights and is probably a good 'load up the truck' buy. Barring a major index correction, Snrs will bounce between 91/4 and 113/4. Thus it is a good traders buy and long term hold in the low 9's. Since approval is not due for 5-6 months or longer, I see it as a traders stock. Good story giving it sustained support. Save some for a run out of this range<G>! Options? Steve D.
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