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Biotech / Medical : Theragenics (TGX) on the up and up -- Ignore unavailable to you. Want to Upgrade?

To: Stephen M. DeMoss who wrote (759)	3/21/1998 10:16:00 AM
From: Ron Kline	Respond to of 1055

It's a hard question to know what will happen to THRX at this stage. I know it's very typical for THRX to go down abruptly one day and reverse and go higher the next day. That is partially why I never would average up from $30 to where it is today. I always got nervous on the down moves because I thought something was up I didn't know about. Then it would reverse the same amount and I said forget it. I think if the stock goes below $65 it could very well go to $58, but if it hovers around the $65 range that might be the low for the near term. I think the split is still on peoples mind and they want to try to buy the stock on dips as we have seen in the last week. Ron

To: Stephen M. DeMoss who wrote (759)	3/21/1998 10:21:00 AM
From: Jeffrey Beckman	Read Replies (2) \| Respond to of 1055

Steve, Other than normal profit taking, one factor may be the split. Many are anticipating having 2x the number of shares, so they drop half feeling comfortable with what's left. Also, in my novice attempt at technical analysis, I've noticed that the stock has shown oscillations between the upper Bollinger Band and the trend line. At the moment, the upper BB is around 71-72 heading slightly upwards, with the trend line near 66, also pointing up. So, there may be some support here. The next line of support might be the lower Bollinger Band. Going from memory, the lower BB was at 60-61, which would probably be the second line of support, if the trend line is broken. Jeff