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Biotech / Medical : Matritech (NASDAQ - NMPS)

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To: Patrick Tang who wrote (24)5/17/1996 10:12:00 PM
From: eugenic1   of 849
 
I don't know what the Elliott Wave theory would say about my
4 bagger on this stock since Jan., but I call it a "happy dream"
come true.

I do have a problem with the Elliott Wave theory, at least as you
describe it in your post. You seem to be saying that a rise like the
one we've experienced with this stock, MUST and CAN ONLY be followed
by a fall ("gut wrenching" you say). Only you fail to say when, how
much, or why. Of course we will see an eventual profit taking session
on a high flyer like this, but "gut wrenching?" Please.

Fundamentally -- and I appreciate that you do not ascribe to
considering the fundamentals, but for those of us that do -- this
company is working with Johns Hopkins, MIT, has patents in place, and
a low cost, non-invasive, highly accurate test for numerous cancers.
It is my belief that this is a technology in the making -- not a
one-shot cure-all miracle. In short, I'm long and strong.

Best returns




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