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Biotech / Medical : SMDX Spectrumedix
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To: tuck who wrote (24)4/11/2001 6:23:09 PM
From: BulbaMan  Read Replies (1) of 34
 
Tuck: SMDX's collapse from a bit over a buck to $.31 took place with minuscule volume. So, my guess is the price decline was due to total lack of buying interest rather than informed sellers. Their latest quarterly report indicated they still have some cash and it doesn't look like they're ready to fold any time soon.
Consequently, I still think the stock's a decent bet (of course, very high risk) on the possibility SMDX's technology is worth a few times more than its current tiny market-cap. But I certainly wouldn't (haven't) bet very much.
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