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To: Boplicity who wrote (919)4/6/2000 9:05:00 PM
From: Sam Sara  Read Replies (2) | Respond to of 13572
 
Good link for biotech

biospace.com



To: Boplicity who wrote (919)4/6/2000 9:09:00 PM
From: Boplicity  Respond to of 13572
 
I mentioned a day or two back that I thought ORCL was making a head and shoulders top I still feel that way. If I wanted to buy it I would wait, it could very well fall to to 50s. I'm a long term holder in ORCL, so I would welcome a drop at this point so I could add to my holding. If I wanted to be buyer, I would have to accept a drop to the 50s, or hope for a break-out above 90 where I would begin to add.

greg



To: Boplicity who wrote (919)4/6/2000 9:14:00 PM
From: Clappy  Read Replies (1) | Respond to of 13572
 
Greg, I owe you a "Thank You" at the least.

This morning, I posted some stuff about CRA. While I was there I saw you were already onto the Biotech run.
(You mentioned PDLI.)
When I looked at PDLI's chart I saw the huge gap between 120 and 130. Hoping it would get filled, I put in an order to buy at 73. Then as I was watching CNBC I saw many Biotechs starting to move in the pre-market trading. I jumped on Datek and was lucky to get some at 81.

It sure feels good to get some money back.

What do you think will happen after the gap gets filled?

Do you think it may take a breather along with the rest of the biotechs now that CRA's news of completing the Human Genome sequencing is done?
Perhaps a morning run into afternoon sell off?

Or are you putting PDLI into a longer time frame to get up closer to the high peaks it fell from.

-Clappy

P.S.

PDLI's beautiful chart:
askresearch.com

Do you think it may close both gaps (120 and then just below at 88) tomorrow?

I'm toying with setting a sell order at 130...



To: Boplicity who wrote (919)4/7/2000 11:49:00 AM
From: Nichols  Read Replies (1) | Respond to of 13572
 
Greg, I agree with you concerning the resting of JDSU. But it historically trades in a narrow range for just a month or so. That's why I see it moving upward much sooner than you. Like next week, starting its pre-earnings run. Then, in the following 2 months we'll see ETEK being completed. Once that is done, we'll see S&P 500. Moral of this story- I believe there is much more risk being out of this stock than in it. FWIW.