The Stock for 1999(Polymedica)PLMD(Medical Supply Co.) Message Board

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Biotech / Medical : The Stock for 1999(Polymedica)PLMD(Medical Supply Co.)

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To: Bryce Elkins who wrote (1627)	8/1/1998 8:12:00 PM
From: Arthur Radley	Read Replies (1) of 3414

Bryce, I can only hope that you are right and I'm wrong. This would be one bet that I would relish to lose. I received quarterly reports in the mail today on two companies that I own shares(TRA and ABCO). Neither of these companies had good news as for results in the past quarter. I'm seeing this in more and more good companies. Granted, the 401K phenomenon is a new factor for the market. However, I think it would be erroneous to think that with this source of funds, that this will preclude ever having another major market correction. The fact we had a 400 point correction in the DJIA this past week indicates that the market is still subject to downturns and I don't think 400 points is a maximum limit. All MO.

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