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Biotech / Medical : IVAX, Generic Giant
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To: El Swiggum who wrote (195)4/29/1997 8:27:00 AM
From: Doug   of 212
 
Hi El: If there are no losses the next Q (due in May), I believe the worst is behind us. The stock can only rise when a couple of quarters show rising rev/profit. Till that occurs, we are in a sideways trading zone. If IVX sells off some of its losing sectors and comes up with a +ve Q there will be a pop in the price to reflect the sale. I guess that holding could be the best strategy and that is what I am doing.
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