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Biotech / Medical : ONXX -- Ignore unavailable to you. Want to Upgrade?

To: Elmer who wrote (509)	8/5/2000 1:07:44 PM
From: Paul Kern	Read Replies (2) \| Respond to of 810

It took MCOM about 10 days to fall from a high around 50 back to about 32 where it started. It was up on Friday and if shows any strength at all, I'm back in long looking for a steady climb back to 40ish. The difference is they have a real product, good institutional backing and they're headed for positive earnings this year.If they would offer the R2 service here in Hoboken, I'd sign up tomorrow. ONXX has none of the above going for it. What could hold the price up is the group of what I call "altruistic investors" who are suffering from a bad case of the warm fuzzies. They think if the hold the stock, they're backing a cure for cancer and helping all of mankind. Eventually, they put their money in the next medical breakthrough and the fleet of finger day traders take them to the cleaners again. Thank god for people who buy high and sell low. Paul