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Biotech / Medical : ATIS is on the move!
ATIS 0.1000-47.4%Apr 14 5:00 PM EST

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To: Bruce Long who wrote (1814)5/4/1999 11:42:00 PM
From: Marshall Teitelbaum  Read Replies (2) of 2205
 
Bruce,

Guess we'll have to keep our eyes opened tomorrow, but today's trading closed like this:

quote.yahoo.com

Otherwise, tomorrow includes the Orthopaedic Research Society meeting and, on a lesser note, an update on the ATIS website.

Also, a rumor had it that ATIS would be getting a segment on 20-20, but according to a message left for me today regarding this question, the only mention was what appeared on the analagous television show recently in Chile.

Otherwise, today's trading looked pretty solid. After the release today telling of the lawsuit being dropped, the reaction was typical of a market saying "was this the big news that the buildup was for?" and sold off. However, the selloff wasn't too bad, and support jumped in at 4 11/16-4 3/4, gradually working its way back to just under 5 at day's close. There were a few big trades in there today, too, including blocks of 25,000, 15,000, etc. Looks like people are awaiting the real reason for the recent runup, so we shall see if anything shows up tomorrow.

Hope humpday is a good one for all.

Marshall
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