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Biotech / Medical : Matritech (NASDAQ - NMPS)

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To: angra manyu who wrote ()5/16/1996 5:16:00 PM
From: Patrick Tang   of 849
 
I believe that the "Sell on News" syndrome will once again prevail for NMPS. I went through several charts that had the similar FDA related announcements. All of them went up anticipating the announcement, and dropped, some quite dramatically, after the FDA announcements were made. Therefore, beware of this syndrome and watch out for the downside surprises. In addition, the field of cancer detection is awefully crowded. What about microsatellite , genetics, and other DNA technbologies developed by others? Happy dreams!
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