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Biotech / Medical : Guilford (GLFD) - Steadily Rising

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To: Lana M. Hinton who wrote (12)10/2/1996 1:04:00 PM
From: rkrw   of 496
 
Tough to really say in terms of st action in the stock.

They appear to have a very bright future and have a great deal with Rhone Poulenc Rorer for marketing the Gliadel product. 35% royalties plus manufacturing. They also have some nice programs in r&d that may have some promise. GLFD has a small stock float, roughly 10 million shares outstanding so the market value is still pretty low.

I think the company is going to do very well its just that you have to look at it as a very long term investment. If volatility makes you lose sleep, look elsewhere. The stock also has a huge spread, if you can trade via Instinet you can save close to a $1 a share.

Note: I own this stock.

Good Luck.
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