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Biotech / Medical : THC
THC 203.37+0.6%Jan 8 3:59 PM EST

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To: Jack of All Trades who wrote (29)11/18/2002 10:16:16 PM
From: techanalyst1  Read Replies (1) of 35
 
All I know is this............

THC was priced lower on just about every valuation metric at the low last week than it was in 1993 when they were much weaker from a fundamental standpoint.

Probably lower than HCA was too, but that's purely a guess on my part.

How fast it recovers or whether the fundamentals worsen...???

Price in a big fat fine, lower earnings from outliers and maybe some lost contracts to bring down earnings to $2 and what do we have? A stock trading at a pe of under 12 if it were $23. Seems reasonable to me, bwdik?

TA
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