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Biotech / Medical : Trigon Healthcare (TGH)

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To: David B. Higgs who wrote (18)1/15/1998 2:59:00 PM
From: Scott B.  Read Replies (1) of 35
 
David,

My brokerage put a 12 month target on this stock at 31 and change. This stock may not move until it takes some steps to grow itself. They are aquiring in North and South Carolina Already plenty of competition in tose areas. They have plenty of money in the bank. Close to 1 Billion if I am not mistaken.

This stock will grow. May be a $50dollar stock this time next year or it may be a $31 dollar stock. Trigon looks good on paper. I don't know what the next few months will bring. Doesn't look a fast mover in the short term.

May want to look at doing a LEAP.

Scott
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