Guilford (GLFD) - Steadily Rising Message Board

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Biotech / Medical : Guilford (GLFD) - Steadily Rising

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To: ken carney who wrote (146)	11/5/1997 6:30:00 PM
From: tdinovo	Read Replies (1) of 496

Ken, Normally, I could look at trade history for day and tell you more. Unfortunately, we were re-installing at a new location today and I have no data to examine. I noticed right at the open it was down a point and change and seemed to me to be under pressure throughout the day. I wouldn't be too unnerved. We're likely to see some sympathetic selling for next few days that is likely to drive price further. Nothing I could find studying SEC archives indicated news of significance. I think one of those toddler running a momentum fund (s) simply saw the earning down nominally (even though they exceeded expectations) and sold on the news. Frankly, stocks seem to act better without that crowd around. It's nice when they drive the stock wildly higher (based on reading tea leaves for all I know), but when they exit, they inevitably leave a big hole. I reiterate, once they're through, it should be a nice opportunity to buy. The company has a premier partner that needs their products bad and knows how to get molecules through the clinics and FDA. Relax, ignore the fireworks and a year or two from now, you'll have one on all those smart kids! Ted

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