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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Judy who wrote (16524)10/8/1998 5:02:00 PM
From: Anthony Wong  Respond to of 120523
 
Judy, thanks for your comments on PFE. The fundamental news in March was the imminent approval of Viagra. Next big news should be in Jan/Feb. when Celebra, the "super Aspirin" receives approval (or not) from the FDA.

Anthony



To: Judy who wrote (16524)10/9/1998 12:16:00 AM
From: Alan Smithee  Read Replies (1) | Respond to of 120523
 
Judy:

Do you recall what fundamental news caused the stock to breakout in Mar '98? There is a strong correlation between the strength of a support and the fundamentals that lead to the next leg up.

In mid-March, IMNX reported good results in clinical trials of Enbrel.

fnews.yahoo.com

That's what caused the stock to pop. I recall having various conversations with Nancy and Mikey about it at the time. Mikey traded it, I didn't.


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