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Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?

To: Sergio H who wrote (4168)	1/7/2004 6:41:31 PM
From: Harold	Read Replies (1) \| Respond to of 23958

Yeehaww. A little profit, but most of all now I have some capital again to work with. Harold

To: Sergio H who wrote (4168)	1/7/2004 11:04:45 PM
From: Ken W	Read Replies (3) \| Respond to of 23958

Sergio "STEM could catch on fire if other states pass legislation approving stem cell research, but this co. is a long way from having a commercial product and will need a lot of new financing. We'll add this stock to our folio if you like it. You may be right on stem cell stocks." We can't value STEM like we do other companies. They are a research and development company relying on grants and stock funding in order to keep up the research. Since they are located in CA and it is legal here to do the research I'm not worried about them having to close the door for any policy interference. Other states, when they approve of the research will have to go to those that are already in existance for their research...here, meaning further funding out of those states. Since Millinium took on 5mm shares and is now in the process of placing those shares with their clients at over 2.00 it seems to me a no brainer that the stock will hold the present price until events dictate a higher price ie: further approval of research in other states and the beginning of clinical trials for their first product. TA wise if the price can break the year long triangle formation to the upside of 2.25 then 3.00 is doable easily. Ken