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Biotech / Medical : Centocor ( CNTO ) -- Ignore unavailable to you. Want to Upgrade?

To: PawPr who wrote (697)	5/29/1998 1:09:00 PM
From: Mark Oliver	Read Replies (1) \| Respond to of 965

I usually do well on these kinds of trades, but the reaction to the news was too swift. I normally only do it with a company I actively follow which was my big mistake. I don't know enough about Centocor. I mostly followed what a friend had said. Still, I find the whole action of this market is suspicious. That was really my original concern. I find it a little hard to swallow that they could go from an ask of 39 3/4 to fill an order at 42 7/8's. Seems like they should have halted the stock for a trade imbalance if they were so out of whack. Also, the moment they filled the orders in the pipe, they immediately dropped the price. Was a lousy action. Have you all found the market makers on Centocor are very cut throat? Is this typical? Regards, Mark PS Needless to say, I hate to loose. I'm holding at the moment. Looks like this company should recover some of this loss next week, but what do I know.