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Biotech / Medical : QDEL - Quidel more quick diagnosis
QDEL 21.31+1.5%3:59 PM EST

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To: Bill Ounce who wrote (801)5/14/1997 12:04:00 PM
From: Mr Logic   of 1693
 
Bill, Patience Please...

This is a smaller stock, so it will not be as efficient as the NYSE juggernauts


Agree. It really needs institutional buyers to be attracted to QDEL, do their DD and get on board. Retail investors may buy/sell on dumb hype but many people with good sense would be put off by what they see here. The company is making good profits and growth is continuing. Another quarter or two the same and the stock won't be ignored. As this is not a stock trading at very high P/E, and the company does not need to keep issuing stock, it is a fairly 'safe' stock at this level to hold. I'd be happy if it goes up one cent a day.
Patrick.
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