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Biotech / Medical : Centocor ( CNTO ) -- Ignore unavailable to you. Want to Upgrade?

To: Thean who wrote (446)	12/17/1997 8:56:00 AM
From: Tom Latham	Read Replies (1) \| Respond to of 965

INST guote now at 29 but you are right. I have no position on CNTO but will have today down here. Big houses were pushing this recently and they were probably hedged for this drop. They can clear the hedge and reposition themselves in this thirty level and see if in a few months they start gunning this one back up........ Also watch DANKY premarket has lots of buyers on it, seems to be a value below 15.

To: Thean who wrote (446)	12/17/1997 1:26:00 PM
From: privatesmith	Read Replies (1) \| Respond to of 965

Saw it open at 30 5/8 for folks like me...I watched the bid before the opening move from 28 to 29...and, watched it run to 32 3/4 as buying came in and provided some support...looks like buying is abating as it's slipped to back to 31 1/2, down 6 3/8 from yesterday's close. I think I'll wait to step in as some of the large shareholders may sell into whatever rallies might appear...it would be better for a small guy like me to get up in the balcony and watch the elephants fight it out on the floor...beats getting trampled. Here's a couple of sites on the subject of Centocor you may find interesting: westergaard.com:8080/Med/new.htm westergaard.com:8080/Med/WhatsOld/weekof97111014/tues.htm