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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Sergio H who wrote (9096)	9/26/1998 7:17:00 PM
From: LTK007	Read Replies (1) \| Respond to of 29382

Well,Sergio---thanks.There are so many BioTechs out there--I will have to exclude this one--BTW,I do have one probable total loss stock--will use it for tax purposes--my loss is now 5k dollars-or about 80% of the investment but I invested on the premise that I was prepared for a total loss----it was a BioTech,Oravax---when I entered I did not know that in their desperation for cash they had been swindled into a bottomless convertible deal and were annihilated-- 10years of research by dedicated scientist but they simply ran out of time and funds---BioTechs are many,and quite a few will not survive so as Sergio has done here,do much research before buying--there will be still a lot of BioTech wrecks out there--so pick carefully.Good Luck,Max

To: Sergio H who wrote (9096)	9/26/1998 7:28:00 PM
From: Ditchdigger	Read Replies (3) \| Respond to of 29382

Sergio, as always, your opinion and research are greatly appreciated. As I mentioned, I bought XOMA purely from looking at the chart. A large volume day could send this one up IMO,we'll see what we will see<g>..DD PS: Max, I'll be looking at some of the service stocks,diving contractors and salvage/repair...It'll be a cat 3 by morning IMO and by Mon. AM, who knows...

To: Sergio H who wrote (9096)	9/27/1998 1:18:00 AM
From: Ken W	Read Replies (2) \| Respond to of 29382

Sergio, XOMA: Jeez, as a long term gamble this may be where I'd put some money, but there are just alot of if's involved. TA wise there may be something about to come along as the volume has been increasing and the price trend has been slightly up. IMO this is one to watch. I do agree with you that the Bio's are interesting right now with the news from some of the larger co's. Just noticed the news about the the breast cancer drug, but we've known about that one for a while. Also noted a news article on NOX. Develops similar products to XOMA, but have found a killer protein for anthrax. and looking for the cure to several other problems dealing with the immune system. Ken