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Microcap & Penny Stocks : NEOTHERAPEUTICS (NEOT) (NEOTW) -- Ignore unavailable to you. Want to Upgrade?

To: Marty who wrote (456)	6/3/1998 11:59:00 AM
From: Mike Petriv	Read Replies (1) \| Respond to of 705

I think it was nothing more than impatient shorts covering their position. Price rose very quickly- a sure sign that shorts played a little leapfrog. There is no reason for this stock to be at its present level except for that one day in the limelight. There were a lot of shares shorted on that day and judging by the volume on following days not all shorts were able to cover.

To: Marty who wrote (456)	6/3/1998 9:00:00 PM
From: Pierre Borczuk	Read Replies (2) \| Respond to of 705

>Out of curiosity, how do you know that "mm covered their shorts"? >How can you tell if it is mm's instead of a fund of some type >buying, or some recommendation by a newsletter or something? Don't really know of course...if we did, we might not be reading Si, but sipping pina coladas in the tropics Today mm JOSE came in on inside bid, and kept upping his price driving "the squeeze"...MHMY also contributed... Whether NEOT has a promising product...no one really knows...Phase I trials only...relying on caretaker responses can be tricky...placebo effects and hope play into interpretations...blinded randomized trials are needed... Today seemed to be technical response IMO Pierre