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

To: Duane L. Olson who wrote (455)	3/17/1998 8:17:00 PM
From: Dennis C	Read Replies (1) \| Respond to of 710

The volum was very low today. Does no not like "sell on news". There were also no big blocks. Chart still looks bullish. We are now at the low end of Bollinger band. Any speculation on earnings?

To: Duane L. Olson who wrote (455)	3/17/1998 8:56:00 PM
From: Phil Rogers	Read Replies (1) \| Respond to of 710

I don't really know how big a deal this news item is one way or the other. I wouldn't expect it to move the stock one way or the other. However, the stocks pullback today was to strong support at 13 (based on the previous basing and the 50 day moving average). The pullback was on extremely low volume (22,400 vs 96,900 average). This is a good sign. The sellers dry-up before the buyers overcome and the stock breaks-out. Obviously no guartentees, but a good sign. IMHO Phil