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Biotech / Medical : Guilford (GLFD) - Steadily Rising
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To: Steve who wrote (238)8/4/1998 11:59:00 PM
From: Quilty  Read Replies (1) of 496
 
Steve,

Thanks for the prompt, informative reply. A guy on Yahoo! has been an
advocate of the GLFD short, too. I've scarcely been more frustrated by a holding than this one. It has me talking to myself. I've lost just a ton by averaging down, erasing my gains from 11.

Tomorrow I'm devoting half my morning to this chronic problem. Cash is what, six bucks from here? Seems a bit overdone, given that we should
have news on PARP, NALAADASE, and continued improvements from Gliadel.

I've noted the same pieces (scraps) of biotech positives that you've
found in the press. There is no Asian exposure to these names, but it
seems highly unlikely small cap biotechs will rise in what has become a very ugly market. Remember that Barron's interview with Mark Lampert
a few years back? That would be a real blessing. He's a big holder.

I don't follow the puts on GLFD. It could be someone is shorting them,
not buying them, thereby creating stock at a more interesting level.

Must go to bed. Exhausted by the day.

quilty
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