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Biotech / Medical : IDPH--Positive preliminary results for pivotal trial of ID

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To: Roader who wrote (693)4/18/1997 11:22:00 AM
From: Roudy   of 1762
 
You give good reason for caution with all the selling of late. I was dealing with greed when it hit 30 and now I'm dealing with fear. What is it we don't know, when it seems those that should know are selling. But as we have all heard before, there are many reasons for selling and only one for buying. With the information that this thread has provided and due diligence, I still believe strongly in the fundamentals of this company. Brad informed us yesterday that SB Warburg stated the fundamentals of the company are as strong as ever. A year from now when the fear has disappeared, we will likely be wishing we had taken advantage of this buying opportunity. So, I am cautiously nibbling away at these prices hoping to accumulate more stock at a bargain. All the while thinking that later on I'll be wishing I had mortgage the farm and bought all I could. Fear and greed, that's what makes the market exciting.

FWIW, Don
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