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Biotech / Medical : Biosource International

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To: icecreambug who wrote (170)8/28/1997 9:04:00 PM
From: Bob Richmann   of 696
 
I think it could go down further. I would probably wait for it to base a little bit before buying back in. I've had stocks take a few hits to where I thought they couldn't go any lower, averaged down my position & had them go in half again. That being said, I think the BIOI downside from here is pretty limited. I'm more concerned about its upside. They're in an excellent business, but I'm more skeptical now after some management missteps.
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