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Biotech / Medical : Biotime-Nasdaq's best kept secret? -- Ignore unavailable to you. Want to Upgrade?

To: Keith J who wrote (680)	2/14/1998 3:11:00 PM
From: Skywatcher	Read Replies (1) \| Respond to of 1432

PLease be VERY careful about listening to this clown Wexler...he is an Ascencio mouthpiece and the stuff he spouts is unreal. Check out TXB thread, Zona thread...fraud, scam are the keys to his vocabulary.... WOrds that should certainly apply to HIM...not the stocks. chris

To: Keith J who wrote (680)	2/14/1998 3:41:00 PM
From: Jim Roof	Respond to of 1432

If we look at the whole picture then it should be easy to recognize that the insider buying and total lack of insider selling is strong evidence that the insiders are betting their shirts that Hextend is a success. If that is the case then how could their claims be fraudulent? And how could they convince Abbott and Nihon to back up their fraud? Also, Bill claims that BTIM has been pumped and dumped. Those of use who have been around here for a while recognize that Biotime, Inc. is not a hype mill. News is few and far between with these guys. And most of what is out there in the way of news is rebuttal to misrepresentations of their product and defending themselves against pseudo-journalistic falsehoods of the Alan Ableson variety. Again, from a technical perspective, BTIM's decline from the mid 20's to the low teens is NOT an unreasonable move for a stock that has made such a bold move. Support was found around 12 just where it should have been and, while this is not conclusive technically, it broke the upper trendline of it's corrective channel yesterday and closed on the day's and week's high. This does not mean that it is clear sailing from here but the buying pressure was clearly on and frankly, I don't care if it was short covering or new long commitments. I would not suggest that one holds his breath waiting for Mr. Wexler's target of one dollar to cover unless Bill wants to do this himself. Jim