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Biotech / Medical : QDEL - Quidel more quick diagnosis
QDEL 27.35-0.5%Nov 28 9:30 AM EST

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To: AgAuUSA who wrote (251)12/9/1996 9:23:00 PM
From: Robert Busse   of 1693
 
Greg, Did you see where QDEL inched up to 4 1/16 during interday trading before settling back to 3 7/8 at closing? Pretty good volume, too. Maybe the "January effect" really will be nice to us this year. As a general rule, I agree w/ you about common vs. warrants - I just have this funny feeling right now that the warrants are so depressed that one could double your money in <12 months - It seems the warrants usually trade for about 1/2 the value of the common historically - although they seem to go up a little faster when the common goes up and down a little faster when the common drops - no science here - just my personal observation. I feel quite good about seeing QDEL at 6 in the next year and I think the warrants will be trading for at least 3 (double the current $1.50) if that happens. Time will tell.
BOB
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