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Biotech / Medical : NTEG- Bloodless Glucose Monitor -- Ignore unavailable to you. Want to Upgrade?


To: DryHeat who wrote (89)1/19/1998
From: Tevyah  Read Replies (1) | Respond to of 176
 
Norbert, Steve and All... I think Steve's view of the situation has been and is right on the money. Even if we don't hear news shortly, we may be treated to an ongoing "pre-announcement runup" that Steve mentioned a few posts back. Possibly, the longer we wait, the higher NTEG moves! I looked at the time and sales for Friday: It seems to me that the runup was not so much driven by retail buyers, although there were a few, but by the market makers outbidding each other in an attempt to acquire an inventory. But guess what? -SO FAR NO ONE'S SELLING! When the serious buying starts, look out. This is all very good for us!

BTW: As of Dec 15, the short position on NTEG was 100K shares.
Not a large amount, but if it still exists the holder(s) may soon be thinking about covering.

Ken



To: DryHeat who wrote (89)1/24/1998 10:06:00 AM
From: DryHeat  Read Replies (1) | Respond to of 176
 
My mistake. Earnings come out Feb. 26 not Jan. 28. Sorry!