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Biotech / Medical : SABRATEK CORP (SBTK)

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To: Ed Daniel who wrote (109)6/4/1999 1:20:00 AM
From: Mike  Read Replies (1) of 487
 
What a nice pop on this one today. We hit $30.50 and closed at $29. So far we have had four buy signals over the past week. The next resistance level is around the $32 level and if the market isnt killed my the employment numbers we may see it soon.

So apparently the company is on the road talking about the prospects going forward. Does anyone have specifics? Many rumors surrounding the "internet" side of the business. I think the combination of Moon,Healthmagic and CMS could have interesting prospects. Does anyone have any ideas what these plans maybe? Could the company realistically spin this off? Are these businesses producing any revenue? Are the customers interested in buying these products now?

Many companies could be looking at this or SBTK could have it's own plans. Does anyone have info?

Best to all,
Mike
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