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 (30911)	4/29/2000 4:43:00 PM
From: PuddleGlum	Read Replies (1) of 63513

John- I have to agree with JXM that PEB's chart looks (worse than) crummy. Like you, my time horizon for the PEB is rather long, but I wouldn't be buying around here since the stock doesn't seem willing to tell us where the bottom is. Besides, if you were told to expect 20% growth near term for a stock that was earning around $1.20 (forward earnings), what would you be willing to pay? Anyhow, lots of other biotechs gave bullish triangle (or similar) signals on Friday, like MLNM, CRA, HYSQ, etc. Most of them are below trend, but they'll come back. pg

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