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Biotech / Medical : Lukens Medical
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To: Robert T. Quasius who wrote (46)11/13/1997 9:41:00 PM
From: Night Trader  Read Replies (1) of 55
 
Does anyone have any comments on the fairly disasterous recent earnings report ( year to year revenue down and income per share halved). I'm wondering whether to sell now (or at least when the current selling frenzy abates) or hang on in hope this is only temporary. Should we give credence to management's view that the situation can be turned round or is the truth that competitors such as JnJ are elbowing them out of the hospital supply business? What's the position on the ground?
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