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Biotech / Medical : Amgen Inc. (AMGN) -- Ignore unavailable to you. Want to Upgrade?


To: VALUESPEC who wrote (513)3/13/1998 12:42:00 AM
From: fred woodall  Read Replies (2) | Respond to of 1906
 
I see AMGN finally decided to join the bull's party. MACD/daily positive also influencing the 50 day MA to raise it's chin high enough to possibly influence institutional money. (They're sure looking for places to put it)I'm not up entirely on the news but I do notice the strong tendency to profit take this afternoon by what looked to be impatient holders of the stock. That will probably blow over if the market can continue pacing upward which I think it will.

SO where's the stock going folks. I'm thinking a small bounce followed by a draw back to 56.5. Epogen X 2 = what % FY98? I still have to do the math. What's on the product line? Anything new?