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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Galirayo who wrote (4052)4/29/1998 5:44:00 PM
From: LTK007  Read Replies (1) | Respond to of 29382
 
OOPS! just found NXCO is no more,they have been bought out by ELAN so the following message is now pointless-----The news today brought to my attention the stock NXCO--it went up
8points on excellent news regards its revolutionary non-narcotic
painkiller.Usually there is a pullback after a run-up after the news-
but those willing to bet that they get FDA approval on this will be
in for a major ride.The estimated revenues on this new product are
500 million annual from the start.I have read a couple articles on this snake venom effectiveness to combat major pain,and have been quite impressed--just something I offer up,FWIW.max90
BTW,I knew about the snake-venom,but did not know it was owned by a publicly traded company,I should have checked that out,but didn't.



To: Galirayo who wrote (4052)4/29/1998 9:21:00 PM
From: James Strauss  Read Replies (1) | Respond to of 29382
 
Ray:

All the major Indexes bounced off the 55 day MA today... Soon we'll see if this is a rally in a correction or a recovery... The A/D line has bounce off the 200 day MA and is right below the 89 day MA... Thursday is a moment of truth day... The A/D line must cross the 89 day MA to the upside for a continuation of this rally... Otherwise, the correction continues...

Jim