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Biotech / Medical : Biotech Short Candidates
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To: tuck who wrote (503)5/12/2003 11:18:19 PM
From: Techplayer  Read Replies (1) of 897
 
Hi Tuck, What do you think of PDLI? It has run about 2 bucks since Thursday on a relatively weak upgrade. shaeffers report also had a mention that when Put/call rations hit present levels, the average gain during the ensuing 10 days has been 26.5%. Fundamentally, the company looks expensive. Cash on hand is 592 million. that number is expected to drop to 400 million or so by the end of the year. The market cap is now about 1.1 billion. There was also a recent product issue in the news, though it could not have been an important one. Thanks in advance.

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