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


To: Joseph S. Lione who wrote (61)2/10/1999 9:43:00 PM
From: Ed Frye  Respond to of 67
 
Hi Joe,

It seems that whatever the company said at the mid-Jan Technology Conference referenced in previous notes had a chilling effect on investors. TA was in full gear until then and it appeared a positive breakout was happening as we cleared the 150dma hurdle @~5. Price has been slashed by 1/3 since. Others in industry were slammed at same time (see CERN). Recent analyst comments were positive but I was underwhelmed by 12 month target of $5!

Let's hope for good news in the morn.

ed