Depotech(depo) Message Board

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Biotech / Medical : Depotech(depo)

DEPO 7.300

+1.7%

Aug 14 5:00 PM EST

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To: Sector Investor who wrote (608)	12/19/1997 2:43:00 PM
From: Andrew H	of 887

Well, it doesn't take a great mind to call today's price action an overreaction. Wall Street always overreacts to bad news. I would give the stock a value of about 6 at this point. Doesn't seem like it should go much lower. But as richard said, it will take some time to regain investor confidence. The company obviously screwed up. One cannot simply blame it on ODAC. Biotechs do not recover from this type of blow quickly or easily.

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