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Biotech / Medical : Depotech(depo) -- Ignore unavailable to you. Want to Upgrade?


To: Czechsinthemail who wrote (449)12/16/1997 9:13:00 AM
From: chirodoc  Respond to of 887
 
<<<<<<I'm not sure why you don't think DEPO will get a big pop on the news of approval,

.......the mood of the market as of last week was:
1. avoid all techs
2. avoid anything speculative
3. save cash
4 asia could bring down the world order

if the mood in the markets is euphoric there will be a huge jump in the stock. if there is fear, then there will only be a small rise in stock price. i am preparing for the worst. however, the recent positive spin coming out of korea and japan makes me feel more likely that we may get a modest bounce out of ODAC approval--market may be oversold.

with each day i feel more likely that the price will rise on approval--but only if the market is not tech shy.

if i was to guess, without fear in my heart, i would guess that approval will produce a rise to the 17-20 level--but that is just a guess and based upon nothing but speculation.

that being said, i would love it to go higher but feel afraid of guessing in this whacky stock/biotech environment.