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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: lbw29 who wrote (6490)	5/28/1999 12:31:00 PM
From: vagabond	Read Replies (1) \| Respond to of 108040

Re LAZT: Maybe there's some "new" news coming I don't know about, but this stock has fallen about 50% since a news conference a few weeks ago (about a new medical-treatment) failed to produce a hoped-for price-boost. Anyone interested probably should take a look through the LAZT thread here on SI, for more background. I don't have any stake in this right now -- took a small position prior to the disappointing news conference a while back, then sold just before it really started to tank. So, just a caution... EDIT: Note that this is a biotech-type stock, which means it can take years for new products/treatments to get gov't approval and begin producing profits. Of course, if the news is good and the PR is handled right it can also cause huge short-term price-spikes. So, these things are always a big gamble... Vagabond