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Biotech / Medical : SYNTHETECH - NZYM

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To: Elvis Jones who wrote (283)7/13/1999 12:45:00 AM
From: tuck  Read Replies (1) of 372
 
Duke,

Here's the link.

biz.yahoo.com

Granted, this was in February, so perhaps "just" was the wrong word.

Another move I might make before investing, which worked well a couple of years ago, is to call IR and see how many shifts they are running. This they will tell you. When I first did this two years ago, I had bought NZYM in the high 4s, having uncovered it with a screen. They were running three shifts, seven days a week. Over the next couple of months NZYM took off and hit 14 before retreating. I lost my nerve at 8, of course.

They just had a similar quarter, yet the stock has done nothing. That's why I'm amazed.

As I say, I selfishly hope it stays parked until the rest of my capital shows up, but that could be three months. If the next quarter is as good as this one, the stock would have to move. I'd risk buying options for the first time in a couple of years if that happens.

Good Luck, Tuck
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