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Biotech / Medical : CRIS, Curis (formerly CBMI) -- Ignore unavailable to you. Want to Upgrade?


To: muddphudd who wrote (136)3/29/1998 9:14:00 AM
From: george  Respond to of 668
 
That is the big question....My feeling is that the x-ray reports spooked a few people which led to a panic....plus institutions selling at the end of the quarter....based on the published data there is no reason for a fall in the stock....but there could be a hidden reason.... I am bullish..we may have here a lot of blind leading the blind here



To: muddphudd who wrote (136)3/29/1998 9:48:00 AM
From: Brett Nelson  Respond to of 668
 
From a technical standpoint, CBMI has posted a bottom at 7 7/8 (this is the precisely the level from which the entire pre OP1 results rally began and was the low on Friday). The positive close on Friday on heavy volume supports the fact that the stock is unlikely to trade any lower than this level. IMHO, a positive close on greater than average volume on Monday will confirm this bottom.



To: muddphudd who wrote (136)3/29/1998 2:37:00 PM
From: wolfdog2  Read Replies (2) | Respond to of 668
 
Muddphudd,, I agree it was the radiographic studies that spooked the market. It you would like to see an analysis of them, go over to the Yahoo messages on CBMI. Look for my response to Sauerkraut. Unfortunately, my browser won't permit me to copy anything into this message, else I'd repost it here.