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Biotech / Medical : Neopath (NPTH) -- Ignore unavailable to you. Want to Upgrade?


To: Frank Buck who wrote (102)1/26/1998 5:09:00 PM
From: Sigmund  Read Replies (1) | Respond to of 178
 
At this point I am out so it is only of academic interest to me now.
It looked to me that $16 was a resistance point and when this cracked there was no bottom for a long time.

Possibly some people will do real well now, but I didn't want to take this risk anymore. I still think they will get approval but only time will tell. Not much time at that.

I think if they get approval it will be good for the entire sector including ACMI.

I heard that some broker was negative on CYTC this a.m. I imagine that CYTC will soon issue earnings. I think that NPTH will report on earnings on Thursday if I have that correct. So there will be much sector related earnings news out probably a lot of it not so good.

After that if NPTH does get approval maybe the sector will fare better.