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Biotech / Medical : ICN Pharmaceuticals

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To: Robert T. Harvey Jr. who wrote (981)	8/13/1999 10:20:00 PM
From: needawin	of 1029

The only thing I'm worried about is if the SEC finds accounting irregularities - SEC accused MP of fraud plus stock behavior over the years has been questionable - large swings up on news then down. Looks like insider sales also just before the big drop. If products are there and accounting and business practices in order then I agree stock will ultimately go up. Until then most have lost confidence in management in a big way - will the big funds buy into a company whose CEO is charged with fraud - I doubt it. Therefore, buying support could dry up and stock could fall to low teens. Just one possibility.

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