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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: __HD who wrote (89964)	3/24/2000 12:01:00 AM
From: Jenna	Read Replies (2) \| Respond to of 120523

I don't think PARS is a pump and dump company. I think its like ESCM and even TEVA that needs patience but its the volatility ironically that is moving it down. Usually the Israeli biotechs move up slowly and steadily and are usually undervalued like the Israeli techs. There are no guarantees and I'm still holding some PARS but I have also been in and out on my own, stopped out and back in again, but with a small core position. Its not the first stock to go sour. GALT after enormous gains, started to go sour also even though for a while it looked like another ORCT, GILTF, MRVC, and CMVT. There might be an underlying 'movement' because this stock seems almost too popular and volatile so I can't be sure. But let me say I held back in BVRTF (BVRT now) when I could have made a lot more than I did when it was trading at 2 and lots of interest was generated but I hesitated way too long because at the time I also thought it was a pump and dump company as there were never any assurances it would break out as it has. These companies usually 'pull through'.. But I wouldn't take out a large position or start accumulating this on dips because it has been on a steep downtrend. I would treat this as a possible 'swing or daytrade' until the trend improves.