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Biotech / Medical : ATIS is on the move! -- Ignore unavailable to you. Want to Upgrade?

To: Rick Strange who wrote (1775)	3/29/1999 10:56:00 PM
From: Marshall Teitelbaum	Read Replies (1) \| Respond to of 2205

RR, Interesting news today in a few areas, with the ATIS annual report out today, IART with news, and ORG with their announcement. Gotta run. Marshall

To: Rick Strange who wrote (1775)	4/11/1999 5:32:00 PM
From: Marshall Teitelbaum	Read Replies (1) \| Respond to of 2205

Rick, Looks like Bridge didn't wait long to get ATIS covered, too. Interesting technical movement the last few days. The last three days have seen an increase in volume, although still mostly small trades, and a rapid rise in the price through what appeared to be resistance at @2 1/4 in the recent past. @2.5 would appear to be the next resistance, and then around 3. If they get continued increased volume, they could quickly move forward, but it will be interesting to see if the current trend can continue, thus giving reason for short-covering and much more upward movement with later increases in institutional involvement(again, assuming there is positive news along the way in the best case scenario). In addition, the price would need to get to the upper 2s to break through the current 200 day mva, although it has only been since late march that the 200 day mva got as low as 3, without reason to go anywhere but down along the way. If there is no news at this point, this week could be interesting, one way or the other. The 2Q was something we figured would likely cause things to get a little more juiced, as until this Q there really wasn't any reason for anyone on the street to get overly interested. anyway, have a nice weekend all. MLT