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Biotech / Medical : The Stock for 1999(Polymedica)PLMD(Medical Supply Co.)
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To: Sonki who wrote (2658)6/9/1999 11:08:00 AM
From: Harold V  Read Replies (2) of 3414
 
Sonki, you've summarized the main reasons why, IMHO, PLMD is a darn good stock to have in one's portfolio. Thanks for that overview. Maybe the runup yesterday was only a rumor--we've had them before and the rumor mill is not about to go away. But, of course, there may be more to the story than rumors. Your mentioning another recommendation by a broker is a case in point. In terms of today's action thus far, there have to be a lot of weak hands holding PLMD--holding on long enough to get out without a loss. So I'm not surprised by the early selling and fall in price. But as a few minutes ago, the volume was also beginning to swell again. Let's hope yesterday's runup wasn't a blip that will quickly fade. Harold V
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