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

To: seminole who wrote (674)	12/31/1997 2:25:00 PM
From: Czechsinthemail	Read Replies (1) \| Respond to of 887

richard, I think your patience in holding on will pay off. When a company like DEPO comes in with bad news at a particularly weak time in the market, it tends to be drastically oversold. The potential gets lost in the rush to dump. IMHO, DEPO presents a classic January effect opportunity, with bargain hunting coming in the wake of the late December selling. That, plus the possibility of good news coming out of DEPO's discussions with the FDA, should weight trading toward the buy side going forward. Any hint of positive news coming out of those talks should drive the stock significantly higher, and I think there is a reasonable chance of that positive news appearing. Today's trading has shown a definite bias toward the upside. Good luck to all who have weathered the avalanche. Hopefully we now get to enjoy the beginning of the digging out process. Baird