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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: TradeOfTheDay who wrote (33451)	4/28/1999 9:04:00 PM
From: Keith Lenart	Respond to of 122087

For both of our sakes, I hope MEDJ gaps up big time in the morning -- so you can get out with a profit and I can short more. I'm perfectly comfortable with my short, but I'd be more than a bit nervous holding this one long right now. Just because they received approval to sell their device without a prescription, doesn't mean that revenues will magically double overnight. Getting a doctor's approval should not have been a significant barrier to their target market.... The fact remains that they are STILL close to bankruptcy. Maybe the stock won't tank all the way back to 1.43, but you can be sure that sub-$3 levels are likely in its near future. Best of luck.