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


To: Mark Fowler who wrote (702)5/31/1998 10:57:00 AM
From: jabbo  Read Replies (1) | Respond to of 1728
 
Took the words out of my mouth:

"Looks like Dell "might" pullback to 80 or 75 in here short term. Dell hit a high
of 98. So take the opportunity and buy some shrs. down in there. One thing
about Dell, it's a stock that is hard to predict a good entry point on the chart.
There's is really no bad time to invest in that one."

I was going to msg u in regards to such possible pullback to $72.00 - $74.00! Do the 70 day mvg average to see the exact level. Check out ICOS, thinking about buying some $20.00 puts come Monday, the stock was hyped friday because of their Viagra type drug and soared in what seems a climatic spike (heavy volume woould have to do more with selling into strenght). Remember CYCH when it ran up to $28.00 just to come crashing down when reality sat in - good we got out, last time I checked it was at $15.00? ICOS situation also looks similar to that of ENMD (another hyped biotech stock on the media), look at what happened afterwards.

jabbo