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

To: ron keller who wrote (840)	5/5/1998 7:14:00 PM
From: richard houchin	Respond to of 1055

thrx investors: Certainly did not effect NASI. All time new high today!!! thanks, richard

To: ron keller who wrote (840)	5/6/1998 11:48:00 AM
From: Ron Kline	Respond to of 1055

THRX clearly fell through it 50 day moving average. I thought it would hold it since it has since the January stock rally. The next support level seems to be at $25 which is about a point away. That was the high before the last market crash. I would be surprised to see much more down action but again I've been surprised before. Sometimes no matter how much technical work you do you can never absolutely predict movement in stocks. The good news is we have the fundamentals to back it up which is much better than a no earnings situation. Also 10 points down from a high is a pretty normal correction for most high flying stocks like THRX. At this point I'm not reading anything very negative on the move. Also volume seems to be drying up. Anyone looking for other medical stocks with good fundamentals I would look at SFSK. Very similar to THRX as far as the chart, and another one product company. Managements of both are outstanding. Ron