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Biotech / Medical : CTEC: Cholestech any other investors? -- Ignore unavailable to you. Want to Upgrade?


To: samcat9 who wrote (570)8/28/1998 2:04:00 PM
From: samcat9  Read Replies (1) | Respond to of 710
 
It looks like I was a little high on the CTEC low.

If it hits 5, I'll buy. I do not see CTEC going much below 5 or above 7 until the next earnings report is released. I have reason to believe it will be very favorable.

This world-wide economic crisis has to pass. My worst case scenario at this time is that the economic crisis will be over by December. If it's not, we may all have some big time trouble on our hands.



To: samcat9 who wrote (570)8/31/1998 12:07:00 AM
From: Alan C. Zezula  Read Replies (1) | Respond to of 710
 
SAMCAT,

Don't feel bad I don't think anybody can guess the low for anything in this mkt. I was jumping all over call options on Thursday with the mkt. down 357 and the NASDAQ OFF 81 POIINTS with volumes approaching a billion shares on each. I thought we had capitulation. Boy oh boy was I WRONG!

I love playing the falling knife game but right now my hands are real bloody and I have no fingers left, but I'll live to play another day.

Oh yes sentiment is heavily bearish which sure faked me out. We maybe into a self fullfilling prophesy phase instead of a capitulation phase only time and WSW and CNBC will let us know for sure <ggg>.

Al