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Biotech / Medical : ACMI - Accumed Inc. -- Ignore unavailable to you. Want to Upgrade?

To: aatkinson who wrote (818)	12/29/1997 5:00:00 PM
From: Sigmund	Respond to of 1894

When in a long-term downtrend and if tax selling is part of the proble m there is no reason to get further discouraged on Dec 29. There will be time later to be discouraged or exhilerated. Now is the time for New Year's resolutions and nothing more. Unless one is in a buying frame of mind.

To: aatkinson who wrote (818)	12/29/1997 5:59:00 PM
From: Frank Buck	Read Replies (2) \| Respond to of 1894

aatkinson, Earlier today CVSN was down over $1.25 and ACMI was up $0.09. The close obviously tells a different story. Something obviously happened. Dramamine and Rolaids type of day. I watch the following medical diagnostic stocks ACMI, ACYT, CVSN, CYTC, NPTH, NSIX. As a group with the exception of CYTC they have "all" been trading down over the past couple of months. I am not talking about the SI -Medical Sector which you mentioned was up today. We won't see a rally until the ACMI shareholders quit selling more then the buyers want to buy at a given price. Who are the sellers? Institutions? Retail Investors? Market Makers? A combination of the above? I don't know. The fact remains someone is buying the shares that are being sold? Today's volume was almost 300K. That's pretty high volume. Who is the smarter of the two, the buyers or the sellers? I don't think that many of the sellers or buyers have any idea about the dynamics of the Company. They just see a daily percentage loss and sell/buy when they get nervous/excited. Do they know something we don't? Maybe, but I doubt it. Frustrated- who isn't? I am in till they say "The End" and the credits roll. If you can't take the steady diet of downturns then maybe you had better re-evaluate your position. Get into something with a Beta more in line with your tolerance. It seems like that is what many others are doing. If you went into a coma and woke up one year from today and the ACMI stock price was up to a new 52 week high for the year, would you care how many downturns the stock incurred over the previous year? Maybe you were looking for some different type of answer then this but I don't know what else to tell you. When IBM got down to $40 a share a while back how many people sold out? I know AccuMed and IBM are a bad analogy but I just want to point out that even Blue-chips have their down cycles occasionally. Good-luck whatever you decide. Frank