Piffer OT - And Other Assorted Nuts Message Board

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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts

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To: John Pitera who wrote (27325)	4/11/2000 1:19:00 PM
From: Michael Young	Read Replies (1) of 63513

<<This type of action in VPHM has been happening for a couple of months, at first it was the "old economy" stocks like PG and ALL.>> This kind of action has been happening for years with biotechs when a lead product has flopped in a trial. Very typical action. VPHM is largely a one product company, and today's news suggests that product doesn't work. The stock would have cratered even if we were in a very strong market. MIKE

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