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

To: john dodson who wrote (12)	3/6/1999 3:39:00 PM
From: Rock_nj	Respond to of 32

Quite a few trades went off after hours above 15 1/2. I'm not sure why someone would wait until after hours and pay 1 point more. But, it indicates that it will likely open in the 15s or possibly 16s. It really depends upon how bad the market perceives the news to be and how many more margin calls need to be cleared out. Take a look at IDTC's 3 month chart: quote.yahoo.com. IDTC was hit with an earnings warning back in the middle of Jan. It only traded below 10 for one day. Hopefully, IDXC will recover in a similiar fashion.

To: john dodson who wrote (12)	3/7/1999 11:22:00 AM
From: alruss	Respond to of 32

16 yes, but much more will take a few days, I think. Monday am will see weekend buy and sell mkt orders from the 9-5ers. This will decide the size of the gap, along with the instinet "painters". Then a dip, and after that will depend on what other plays are going on. Fri was manic, as any big name was moving, too many for traders to bother with IDXC. Another thought comes to mind for long term, Market saturation? How many practices haven't modernized yet?, and once a system is chosen, I'm sure switching is a bother. Again, pure speculation.