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Biotech / Medical : GENZYME - THE KING OF THE BIOTECHS
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To: Harold Engstrom who wrote (263)3/16/1998 1:56:00 PM
From: aliveinsf  Read Replies (1) of 410
 
I am talking about GENZ...a stock that was at 32 in Aug 95, 38 in Jan 96 and under 32 toady..... basically one who was unfortunate to buy the stock 2 1/2 years ago, is even...not so good when the market was up over 80%....if you bought a year and two months ago, you would see your investment in this DOG down by 16%...again in a rising market...

Henri is just playing with numbers and using corporate shells like a three card monte game and the market is wise to this guy....

I fail to see where GENZ has delivered any shareholder value over the past three years...and I stand by my opinion. If you were fortunate enough and gutsy enough to buy this DOG when the market took out its frustration with the company's consistent proclivity for disappointment, you did well...unfortunately patient investors have not been so fortunate and have to watch this stock do nothing while the rest of the market continues to hit new highs, almost daily....

Put this DOG in the hands of another management and maybe patient investors will be rewarded...until then,,,,it will just be a matter of when the next disappointment is announced... its just a matter of when...not if....if history is any indicator of the future....
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