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Biotech / Medical : Theragenics (TGX) on the up and up

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To: Jim Roof who wrote (1039)8/5/1998 6:37:00 PM
From: RBlatch  Read Replies (1) of 1055
 
The market is going to cash. As such, companys with the higher PE's are the ones getting pruned out of portfolios. Hell, you can buy stocks in the energy sector with PE's of 8 or 9, and they are still making a ton of money and showing increased earnings. I bought back in at eighteen and stopped out at sixteen. I will now wait for a perceived bottom to get back in. My guess? 8 or 9.
Cordially, RBlatch
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