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Myriad Genetics Inc. Message Board

  • netprophecy2 netprophecy2 Oct 18, 2000 7:59 PM Flag

    get ready to start shopping for

    bargains. drug companies reporting tomorrow. big
    day. tax selling for the mutual funds is coming to a
    close. november could be a great month. i will say again
    - look for healthy chip and chip equipment stocks.
    look at micorelectronics and component makers. just my
    opinion.

    i would love to find another mygn. i am really
    looking at microcaps with increasing sales cycles on
    proprietary technology platforms with conservative
    management. some of these companies could do a mygn over the
    next year. tons of bargains out there. tons.

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    • reading comprhension section of the sat was tough
      huh? i said they must announce DRUGS. what did they do
      the past month? they announced drugs. celera has not
      and look at celera. so i was right.

      for last
      week i said::. "i will say again - look for healthy
      chip and chip equipment stocks. look at
      micorelectronics and component makers. just my
      opinion."

      number 1 sector today was???? the chips. last rally day?
      the chips. i do not see that much upside in the
      biotechs now frankly. i think we need to see a
      consolidation of mygn over 100 as a breakout is looking less
      likely with strong techs. look at hgsi
      today.

      consolidating gains is going to be the key for mygn now. if it
      can hold over 100 for a time it can break out with
      powerful news. hopefully i am wrong about this. i think
      the weakness in the drugs today means a rotation of
      money is taking place.

      the nice part is the
      support has risen to 83 and 78 and 58 which bodes well
      for the longer term. if funds are looking to buy in
      then the price should have good support.

 
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