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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: AlienTech who wrote (15748)	12/18/1997 11:48:00 PM
From: Joe S Pack	Read Replies (2) \| Respond to of 50167

APM followers: I got out at 24 with a decent lose. I beleived Kelly and the management. But Kelly is right in pointing out when he exited from APM saying that he is not happy with the management as they mislead people. I think APM has some more dog days before it will see the end. I also suspect LGND won't show upward movement for a few weeks as all the deals and results are out. All those deals and the Phase III positive data on KS made the price go down since it peeked a few weeks before the deal. Usually biotechs downward trend start in January onward. But it looks like this year it is a bit early. Any -ve overall market sentiment will keep pulling it down. Well, who knows, there may also be some irrational turn-around (I hope so). -Karun