Biotech vs. Shorts Message Board

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Biotech / Medical : Biotech vs. Shorts

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To: Biomaven who wrote (63)	7/28/1999 9:58:00 AM
From: scaram(o)uche	Read Replies (1) of 427

Nice entry (18). My 52 week target that I picked a few months ago won't get hit, but it was $60/share. I don't know why we're not in the ballpark, as I feel that a P:E of 100 projecting this quarter forward is not only reasonable, it's conservative. That is, I do not understand why they can't just halt trading, say "sane people only, please", and reopen the sucker at $36-40/share. I'm not joking. This company is judged by some voodoo doll-like paranoia, not by rationale. Also...... for some reason, the stock has attracted investors that put too large of a share of their net worth into it. As a result, there's tons of fear that spreads from the rumor mongers and liars. It's much worse than was encountered with AGPH when the fear mongers hit.

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