SAFESKIN Message Board - Msg: 11984519

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 : SAFESKIN

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Robert L. Jacobs who wrote (823)	11/18/1999 12:47:00 PM
From: Ron Kline	of 828

What I guess frustrates me about it even though I'm making a little more money faster right now is that I bought SFSK because I knew that if I sat with it it would pay off with good growth in the future. Now what I get is a lot of my time in the stock to get a tiny premium in return. If they did turn things around I could see the stock going to at least 20. Now what happens with SFSK when it tied to KMB is I make one point for every 10 points the thing goes up. They give a 12 mo. target 10 points higher for the next year on Kimberly. Sorry I rather be in a bank account then get excited about that. Bottom line is when it gets to 13 1/2-14 it's time to move on because we have no control and management will vote for it which means there will be no other options. Also not many other companies would want it since it's a niche business. Just a note about biotech and medical issues that are small. Buyouts tend to suck because they are absorbed by big companies that do not grow nearly as fast. That is in contrast to tech or internet where buyouts turn out to be good long term holds. Ron

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next