QDEL - Quidel more quick diagnosis Message Board

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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: adam hefian who wrote (803)	5/15/1997 7:12:00 AM
From: Mr Logic	of 1693

Adam, If it continues trading at the rate it has been yesterday and today,the stock could end up trading below $1. ...or $0! $1 would seem good value for a stock earning 6c/q $4 would seem more reasonable given the growth though. The problem is, you can't force the market to do what you want. So what happened with the results release? Buy on rumour, sell on news? The stock did not react too well so a number of people just sold out and moved on? Dunno. But I don't have enough of this stock to get worried. I have comfortable and uncomfortable holdings - this is comfortable. I'm not in at the high price of some who bought, sold out at a loss, didn't short, bought back and failed to make their money back on the small rise on announcements. Patrick.

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