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Biotech / Medical : BICO & VITK

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To: Zbyte who wrote (1935)7/14/1998 9:04:00 AM
From: James Strauss   of 2395
 
Zbyte:

Several years ago I owned BICO for the roller coaster ride... There was one disappointment after another... They made all kinds of announcements about various products and still only show a few million in Revenues with five product lines... It seems to me that a more capable management team would have been able to grow their Revenues faster...

I am not short BICO... That's not my investing style... I just think that investors should have their eyes wide open... Too many people are just following the momentum without looking for substance... Without mentioning names, there are companies in the news that are crashing and burning because of a variety of reasons... So be careful, this is a game of musical chairs... When the music stops money is lost... Famous last words are "it can't happen to me, I'll get out in time"...

Jim
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