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Biotech / Medical : The Stock for 1999(Polymedica)PLMD(Medical Supply Co.) -- Ignore unavailable to you. Want to Upgrade?

To: Brander who wrote (1913)	9/28/1998 10:27:00 AM
From: Arthur Radley	Respond to of 3414

Interesting article in this months SmartMoney magazine. A study conducted by researchers at Cornell University found that how often shares change hands can tell you a lot about a stock's future movement. The findings show that stocks with recent gains but low volume should soar. When performance improves at thinly traded companies,trading picks up making these low-volume winners become high-volume winners. This pattern certainly fits PM in that the recent low volume plus the fact on Friday it moved above the 50 day moving average.