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Biotech / Medical : RXSD Rexall Sundown

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To: DD™ who wrote (66)8/13/1998 11:42:00 AM
From: Walk Softly  Read Replies (1) of 327
 
This sector is always volatile.... latest round of selling.....

Fallout from:

TwinLab shares fell more than 10 points to 28-13/16 Tuesday on news that industry bellwether General Nutrition Cos. Inc. (GNCI - news) will slash prices on some products amid increasing price competition.

The GNC move also sparked declines in the shares of other vitamin companies.

GNC told analysts in a conference call Tuesday it would cut prices on sports nutrition products and widely-sold, single-ingredient vitamins, known as commodity-end vitamins.

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