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Biotech / Medical : Essential Therapeutics (ETRX) formerly Microcide (MCDE -- Ignore unavailable to you. Want to Upgrade?

To: John O'Neill who wrote (7)2/22/1998 11:58:00 AM
From: webpilot  Respond to of 415
 
John, I agree. But I am using TA as the basis of my prediction. I bought in the other day based on TA at 7 15/16. May get some more here as the upturn seem to be establishing itself. I see an area of small resistance at 8 5/8. If the volume stays as strong as it is, I agree with your 20% rise. I do not know if you are using TA.



To: John O'Neill who wrote (7)2/22/1998 2:18:00 PM
From: john  Read Replies (2) | Respond to of 415
 
What is your basis for the 20% increase? I started studying MCDE about three weeks ago. I like the concept of the company, but have not determined when to buy. I need to look at a few more things including competitors. If you look at the other industry participants, just about all of them have tanked in the last year. It is a very speculative industry group, but it represents an opportunistic future!


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