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Biotech / Medical : CTEC: Cholestech any other investors? -- Ignore unavailable to you. Want to Upgrade?

To: Duane L. Olson who wrote (427)	2/20/1998 7:18:00 AM
From: John Kratus	Read Replies (2) \| Respond to of 710

Duane, I have been keeping simple charts (bar and point & figure) on CTEC for years. Since mid-1995, my point and figure chart has shown a nearly linear climb for CTEC. Unless the market collapses, I see the possibility for a pull-back to 12 1/2 or a rise to 18. There has been a nice base built here between 11 1/2 and 13 1/2. My gut tells me that this time we are going to take out last year's high of 15 3/8. Just keep in mind, though, that you are hearing this from a guy who owned Iomega during its recent plunge. John