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Biotech / Medical : SYNTHETECH - NZYM

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To: tuck who wrote (347)12/22/2000 11:58:30 AM
From: Dan Gibbs  Read Replies (1) of 372
 
Tuck,

There is no news from the company that would prompt a sell-off. I think someone simply unloaded a position for tax purposes. NZYM is now trading at or near book value. The 1 1/2 bottom of yesterday hasn't been seen in nearly 10 years. The company infrastructure has never been stronger, there is virtually no debt, and as best as I can tell, the prospects for increased revenues and earnings look promising for the next year. I am buying more.

Happy holidays,

Dan
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