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Biotech / Medical : Duramed (DRMD) Synthetic Estrogen Product
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To: Richaaard who wrote (1037)3/31/1999 8:00:00 AM
From: Haolin Ni  Read Replies (3) of 1837
 
You could ask me why I set the target instead attacking me if you really want know my opinion.

1, their products is not unique and many company have similar products. It is difficult for a company to get market shares.

2, DRMD has little money in hand to manufacture its product. Therefore, long time is needed for company to profit from it.

3, this market does not like small cap, particularly small biotech stocks.

4, Too many investors don't know the basic rule for investing -- buy lower and sell high. It is critical for investing in small biotech stocks. Hence, the panic selling will bring DRMD as other biotech stock back to base line.
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