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Biotech / Medical : OPTS--Opta Food Ingredients

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To: James Wang who wrote (65)6/9/1997 4:37:00 PM
From: Jack Be Quick   of 85
 
Thanks for the explanation. I take your point about declining revenues, but on the other hand, if you view this co. as a biotech (seems like a stretch, but here we are in the biotech area), then don't lots of biotechs have neg. earnings till their ship comes in? I may agree with you about the co.'s fundamentals, but if they announce some new product tomorrow, the outlook might change dramatically. In the meantime, I'd of thought a daytrader looking for a ride might find more excitement in computer tech., for example. Just seems to me that an inordinate amount of energy is being put into watching this stock make a 1 pt. swing. Just my take on things. Good luck to all.
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