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Biotech / Medical : Immunex -- Ignore unavailable to you. Want to Upgrade?

To: Buckeye who wrote (302)	2/3/1999 11:27:00 PM
From: synchro	Respond to of 656

The temptation for me during the past few weeks has been to short against the box and buy some more on the pull back. But I didn't pull the trigger due to a combination of hope, fear and laziness. Now that the markets have some facts to trade on -- and I have to agree that the facts are somewhat of a downer -- chances are the stock will dive from the stratopheric level. My attitude is that I have waited for this stock since it was in the low teens, I can wait a little longer. My greater fear is for Enbrel to have some kind of long term side effect that has yet to show up in trials and tests. Then you're talking a real downward gapper. No indication of that so far though. The talk of expanding the label sounds intriguing, we'll just have to see. Now if they can just get those cancer tumor compounds to work on humans....