Biotech vs. Shorts Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : Biotech vs. Shorts

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: LLCF who wrote (56)	7/27/1999 5:28:00 PM
From: Biomaven	Read Replies (1) of 427

David, Yes, I follow GELX. They are a good example of a company where their first product (Geltex) has been slow to build and this has been seized on by the shorts with a vengeance. Personally I think they are good value at the current depressed price (and I own a little), because I think that Geltex will ultimately do well. (In particular, I think the market is ultimately not just dialysis patients but many patients with early kidney failure). At current levels I think there is not much risk left in them, and a fair amount of upside. An interesting comparison is the only other dud in "bounce" - PGNS. Here their first product (and their stock) got off to a tremendous start, amidst some subdued whining by shorts that the market was limited. Turns out that the shorts here were right, and the early growth not only suddenly slowed but even reversed. (Sales for the current quarter came out today, and were much better than last quarter but still not good enough to turn a profit). Peter

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next