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Biotech / Medical : EntreMed (ENMD) -- Ignore unavailable to you. Want to Upgrade?

To: jon wilson who wrote (616)	5/5/1998 12:49:00 AM
From: epicure	Respond to of 2135

If you are very lucky there may be a new round of buyers to take your place in the morning. These stocks are so very difficult to predict- because GERN fell back almost immediately (I know- I tried to short it, and by the time I could get shares it wasn't worth shorting.) KTEL, on the other hand, is in the grip of a short squeeze and is being pumped up. But ENMD has a much greater float so I don't think you can count on a short squeeze. So, it could open up a bit- if it were me, I would put an order in- and I would NOT be greedy. It could open way down- the company and its partner have backed away from the stock price. That is not good. I hope you get your money back. There maybe some people here more shrewd that I who can give you more help. Best of luck to you. Here, for pure entertainment purposes, are my guesses for opening price but as I said above, it will be impossible to predict. So if there are new buyers, maybe a gap up to 60. If no new buyers a gap down to low 40's, and down from there. (I should mention that I bought 17.5 puts the minute the options opened-well, maybe not the minute, but VERY soon. Made quite a bit on those and then bought the nov 40 puts ASAP. So perhaps my perspective is warped.)

To: jon wilson who wrote (616)	5/5/1998 1:16:00 AM
From: Chartgod	Read Replies (1) \| Respond to of 2135

Jon, I'll comment, then go read the last 6 posts since you posted...It did well, very well..but, like the news said...It's gonna be late '98 to early '99 before it's square... jim Your thoughts?