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Biotech / Medical : Pharmos (PARS)
PARS 2.700+13.6%Jan 21 4:00 PM EST
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To: Ron who wrote (786)5/22/1999 11:56:00 AM
From: arnie h  Read Replies (1) of 1386
 
Ron: Friday's trading was even more positive with a strong up move, a close near the high and the largest daily volume in the past 7 months. I would guess the shorts are closing out their positions.
The price is now well above the 2 sigma band so there may be a bit of a pull back at some point but obviously the stock is undergoing a welcome change in character.

Arnie
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