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Biotech / Medical : Phymatrics (PHMX)

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To: Andrew Q. Viet who wrote (22)3/5/1997 6:41:00 PM
From: Ross   of 118
 
Andrew,

I believe the move today was related to the overall "moves"
in many of the "related" stocks today... I doubt that PHMX
had significant individual news which caused this.

Technically, this is only one day in an overall short term bear
phase for PHMX. Time will tell if this was the turning point
investors are looking for. My analysis suggests a bottom
'could' be in place, but as some old sage once said:

"One day does not a trend make"

Ross
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