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Biotech / Medical : Pediatrix Medical Group (PDX) -- Ignore unavailable to you. Want to Upgrade?

To: G who wrote (412)	1/8/2000 4:43:00 PM
From: Bruce A. Brotnov	Read Replies (1) \| Respond to of 431

G - I'd love for PDX to go to $20 next week, but I think that is extremely optimistic. I think it will fill its gap to 12 3/8 and hesitate and perhaps get to resistance around $14, but it might take a few weeks to see $20. Remember the bears will try to protect their short positions by bringing up old skeletons and even might produce a rumor or two. A steady growth is much better IMHO. The key is whether the medical-drugs area will continue to recieve new money like it did during rotation of money from the high flying techs or whether the concerns about Clinton controls will resurface and gains will go back to the high flying techs. A bounce off $10 would be a good entry point or low 10s, but don't bet the whole farm on $20 next week. I'd love to eat humble pie, but just have to be realistic. Bruce