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Biotech / Medical : ARRIS - Another partner -- Ignore unavailable to you. Want to Upgrade?

To: Andrew H who wrote (276)	12/3/1997 4:53:00 PM
From: David Bogdanoff	Read Replies (1) \| Respond to of 353

AH: >>My guess is that all this may indicate a bottom for the biotechs. << If true, I hope it isn't one of those bottoms with a trap door. :-) More seriously, we do get into markets in which good news has no effect on prices, but any little bad news is an excuse to sell. Unfortunately, I have never heard of a reliable market bottom indicator (although some technicians look for a sharp sell-off); if this were one it would be nice indeed. Some of my old CTSL-recommended favorites (arris, abaxis, insite vision) are really on the floor compared to when I started following them, despite generally good progress. Can't blame it on the Asian flu! David