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Biotech / Medical : SAFESKIN

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To: Apple12 who wrote (278)4/20/1998 5:20:00 AM
From: Ron Kline  Read Replies (1) of 828
 
I agree that Safeskin is one of the "safest" stocks you can have right now. It fits this cycle of the market to a T. Good growth company, loved by institutions, demonstrated excellent long term out -performance (up more than 500% in 5 years). If this was a tech stock I would say take some off the table, but with the kind of stable predictable earnings, there are few companies that can do better. I'm not sure I agree with $100 stock but if it happens I would not be surprised. Also just a note when inflation is very low like we have right now, good growth companies like SFSK and THRX can hold very well. So take that in consideration when you shiver how high they are. Also SFSK right now is basing which is a very nice sign to see and healthy. It's not going down, up, then down lower etc like we've all seen too many tech stocks do lately. What it means is the big boys are accumulating while the small investor thinks the party might be over. They want a discount just like all of us, and they want to grab as much from weak hands as possible.
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