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Biotech / Medical : Guilford (GLFD) - Steadily Rising

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To: Russian Bear who wrote (130)10/22/1997 5:06:00 PM
From: tdinovo  Read Replies (1) of 496
 
RB,
I read Amgen's report and came to the same conclusion, although its also clear they have a lot of other activities to spend money on. Not the least is the $1 billion stock buy-back! Frankly, I'm a little concerned about that since that also is the amount of cash they have on hand. Amgen's cash flow from operations help mitigate this to some extent but if the stock really comes unglued tomorrow, they may need to spend the money quickly.
Ted
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