STEM -- StemCells, Inc. Message Board

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Biotech / Medical : STEM -- StemCells, Inc.

STEM 16.52

-7.1%

3:59 PM EST

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To: Mike McFarland who wrote (241)	5/5/1999 9:16:00 PM
From: WWS	Read Replies (2) of 805

Mike, I see no "bottom" in the CTII chart, particularly after it broke down support at $1.15: iqc.com IMO, psychology, in the form of a tangible "FUD" factor, is much more important than intangible book value once the stock violated the $1 limit for continued NASDAQ listing: "A company is not in compliance with this requirement when its stock drops below $1 for 30 trading days. The company will be notified of delisting proceedings unless the stock closes at $1 or more for 10 consecutive trading days, within 90 calendar days of falling out of compliance." Of course I wish you the best. It is just that I disagree with you that this stock is the place to be at this time; the downside risk has not been reduced, IMO.

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