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Biotech / Medical : QDEL - Quidel more quick diagnosis
QDEL 24.35+14.3%Nov 21 9:30 AM EST

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To: DeadHead who wrote (699)4/26/1997 9:15:00 AM
From: jeffbas   of 1693
 
Gordon - Significant negative developments create discontinuities in
stock pricing, which may create opportunity. The critical issue becomes
whether the negative development has been overdone in the price. I have
seen no evidence that anyone on this thread has an informed opinion as
to whether this is the case or not. Management's statement is a stock
answer. It is gambling to buy this stock without more to go on. For me,
insider buying, which sometimes is reported with only modest delays on
Bloomberg or the internet, is one very good indicator. There is also
more than the suit itself. As I commented before, it looks like BD
wants to get into this market - which I would hardly regard as a plus
for anyone now in the business.
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