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Biotech / Medical : Guilford (GLFD) - Steadily Rising

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To: Dan Peer who wrote (35)3/19/1997 7:32:00 PM
From: SteveG   of 496
 
...snip...

Do you know of any other good threads for discussion of GOOD SOLID
BIO/TECHNOLOGIES...

Sorry Dan- I know this company somewhat, and I own a little UBS, otherwise my focus is high tech, though I'm mainly flat since Monday and hesitant to get back in, especially with the techs taking in as they have been.

Byron Wiens didn't help today, and we may be in for some rockiness with no clear leadership. Well selected biotechs may do well, but I'm keeping my powder fairly dry for the time being. FOMC will tel part of the story, and then any earnings pre-announcement shortfalls. Especially watch for Intel's conference call. The street is looking for 2.06, but the whisper number is at least 2.16. Intel should probably beat this, but as always, money managers will be listening closely to their forward projections (which are typically conservative). That, plus any other pre-announcements of downward revisions by any of the major tech cos will determine the general market tone for the next few months, IMO.

Steve
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