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Biotech / Medical : AFFYMETRIX (AFFX) -- Ignore unavailable to you. Want to Upgrade?

To: jabbo who wrote (687)	5/18/1998 8:00:00 PM
From: Richard Haugland	Read Replies (1) \| Respond to of 1728

AFFX currently seems to be cycling between the ranges of $29-30 and $31-32. I usually buy in the lower range and sell in the higher range. Today's drop to 28 1/8 provided a buying opportunity but I got in at 28 3/4 and 29 before the biggest drop and my order at 28 1/8 did not get filled. I expect it to recover to the higher range yet this week. Until this company starts shipping products in volume I don't expect a lot above this range. IMO, it could temporarily drop to 26, however, where there appears to be considerable support. I would buy more at that price. There seems to be good support near $29 too.