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

To: Dennis C who wrote (444)	3/4/1998 12:58:00 PM
From: Phil Rogers	Read Replies (1) \| Respond to of 710

<< I get the feeling this stock is under accumulation and ready to pop up in the near future. Today's drop may scare away some chickens and bail out unlucky traders. What is your opinion? >> I agree. I am holding, I see good support at 13. FWIW, I bought at 13 3/4 so I have room to hold to 12 5/8 and keep the 8% stop. I think we should see further movement on this, especially once we move decidedly through 15. IMHO. Phil

To: Dennis C who wrote (444)	3/5/1998 3:13:00 PM
From: Duane L. Olson	Respond to of 710

Dennis, Today's activity also appears to indicate strength in CTEC that isn't going to let it get beaten down in a temporarily weak market.. A couple of times today the stock was taken down to 13, and each time recovered (which supports your accumulation observation).. IMO, were were bound to experience some resistance overhead at 14 1/4, and would have to return down to re-test support before breaking through the old highs... I'd say that scenario is still intact: 207.95.154.130 Duane