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Biotech / Medical : Hydron Tech.

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To: George Galske who wrote (2)10/1/1996 12:32:00 AM
From: Dave K   of 72
 
Hi George,

Welcome ! It is good to have some company. I was beginning to think I only pick companies with two shareholders - me and the CEO. Maybe there are three of us now!.

You must be referring to the Chelekis article. It is the first outspoken treatment of the scams that go on. It sounds like he does a lot of playing in the Canadian mining and BB stocks. Good luck!

You may be right about no news - we could be in their "accumulating phase". This is the time to be accumulating along with them. If you know the rules ...and pick the right company of course.. you can beat them at their game.

With a current ratio of around 17.3 and dividend yield of 5%, I am quite happy waiting for another opportunity to add to my position. Why bother with the high tech story stocks which get jerked up and down by the analysts every month.

Regards

Dave.
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