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Biotech / Medical : Biotech Valuation
CRSP 54.62+1.5%2:40 PM EST

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To: jayhawk969 who wrote (660)2/21/2000 12:10:00 AM
From: Torben Noerup Nielsen  Read Replies (1) of 52153
 
Shame on you. How can you not be bullish on Gliatech? Please explain your reasoning.

Moreover, in the words of the immortal Cato, I am of the opinion that the GLIA shorts should be terminated with extreme prejudice.

They're going to have to cover at some point. And there isn't much to be had. Moreover, they cannot short it at this point. Earnings are due out on March 1 before the open followed by a conference call a few hours later. Note that everyone *expects* the earnings to be bad so that's already priced in. I'd be interested in constructive refutations.

Thanks, Torben
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