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Biotech / Medical : MCAR -- Ignore unavailable to you. Want to Upgrade?


To: Monique C. Cushman who wrote (381)7/20/1998 3:10:00 PM
From: JMM  Read Replies (1) | Respond to of 467
 
Todays action gets us back to previous levels before the price dip. I believe a close above 9 will push it back over its 200 day moving average. Don't think it will close much above current levels of 9 1/4 or so. I understand everyone has there own investing style but for me I am playing this for a major move. I would expect the stk to go into the mid 20s. The Chatterton and Oxford reports are looking for numbers in the thirtys and as next yr progresses...if the earnings are on target I may hold out until then. I have no problem with them placing ads in Barron's...it allowed people back then to become aware of the company and buy at prices I don't expect to see again. I missed my chance to buy today due to other matters but look to add 1 more time and then sit back and hold tight. I would hunch in the future once the stk really becomes well known that there will be days and weeks when the stk adds a few points at a time. But for now I am happy with todays action. The listing was only once piece of the pie for this company. The best is yet to come. Sincerely