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Biotech / Medical : Diagnostic Health Service (DHSM)
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To: BARRY ALLEN who wrote (78)4/23/1998 7:58:00 PM
From: Richard McGlenn  Read Replies (1) of 142
 
More than a little oversold. Plenty oversold. Pretty clear example that the herd mentality is alive and well. The company clearly did their best to try to give direction here on the current situation with the extra shares outstanding and give some reassurance that on a yearly basis they still see earnings growth in the 30%+ range and the stock still got slammed too hard. The way sentiment is with Imaging companies right now its not too surprising that so many bailed but It was not warranted with this company. I used the opportunity to add to my position in the $9.00 and lower range and will wait it out. Growing earnings 20-30% year over year with 25% more shares outstanding is no reason to clock a stock for 25% of its value in 2 days. Buying opportunity for sure.
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