Ergobilt (ERGB) - Ergonomic Chairs Message Board

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Biotech / Medical : Ergobilt (ERGB) - Ergonomic Chairs

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To: Anaxagoras who wrote (760)	3/20/1998 10:08:00 PM
From: Robert DeHaven	Read Replies (1) of 900

FWIW: I now believe this stock is a value buy at these levels. Fundamentally, the company is still strong and business unchanged. Would I have bought at 15-12-9-7 no way 3 1/2 to 4 1/2....sure thing. I buy a company for value reasons.....undervalued. The volume today was a classic selling climax.....This is normally followed by a move up to more REASONABLE value's... I think that some one was selling and had too and for that reasson....it got ugly and we all question why. But, they just completed a financing and this company was DD'ed in order to get that $$$...they passed and the terms are not all that unfavorable. I like this stock to recover back fairly quickly to the low 5's good luck, bob

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