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Biotech / Medical : Imclone systems (IMCL) -- Ignore unavailable to you. Want to Upgrade?

To: 5,17,37,5,101,... who wrote (65)	1/17/1998 12:30:00 PM
From: CPAMarty	Respond to of 2515

Looks like (based upon a long tern chart) there is significant technical resistence at $8. Also a broker following the stock decreased earnings estimates for 1997 (increased them for 1998); this caused a drop from $8 earlier this month. We will have to hear some good news from the company until we move higher than $8. However, since coverage by brokers/invest bankers has been increased recently i think we will have no problem gettin thru $8 the next time goods news comes out. Also in December 1997 an insider bought 9500 shares at $7.08.