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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: Don Kugle who wrote (1520)	11/27/1998 5:10:00 PM
From: BarbaraT	Read Replies (2) \| Respond to of 90042

Don ... I think BIOMF has limited downside. I got excited when I heard about it since I had a couple close friends die of breast cancer and this is a very hot area. However, they are entering Phase III trials and Joe Kernan put down any and all stocks that are recommended by Business Week. I don't know what it will do but I am holding it. I bought it at 15 - tried to get it cheaper, but it moved too fast and then was halted. Never found out why it was halted - but that is why it fell. Everyone gets nervous when a stock is halted for any length of time - makes them suspicious especially after the AVTEL (?) fiasco a few weeks back. Since I am already down more than 10 points, it doesn't pay to sell -- perhaps they will get some press over the weekend and it could move up like GERN. Sounds like a great product (vaccine for breast cancer) and this could gererate a lot of interest with a little press.