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Strategies & Market Trends : APMP (formerly APM) -- Ignore unavailable to you. Want to Upgrade?


To: 777 Captain who wrote (10614)4/11/1998 10:47:00 AM
From: Richard Haugland  Respond to of 13456
 
***ONE STOCK ONE WEEK*** MLNM Long open Monday.

I feel that this stock (Millenium Pharmaceuticals) is making a recovery to its "natural" level of ~$20 after its recent precipitous drop to a 6-month low of $16. It recovered on Thursday and Friday to $17.6875 and I look for further recovery this week. The stock has "strong buy" recommendations by all 7 analysts (in Zacks).

207.95.154.130

I have real money involved in this one. A similar stock is BCHE, a biopharmaceutical company with real earnings and a 10% price drop last week. I expect that one to come back too before earnings are out.