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Biotech / Medical : CMP
CMP 19.66-1.8%3:59 PM EST

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To: Starduster who wrote (1242)8/30/1998 12:03:00 AM
From: Emec  Read Replies (3) of 1308
 
Thanks sandie. I have always tried to do right by people and would like to continue but this episode has made me wonder whether it is worth it. I get nothing out of offering DD on companies that I follow (other than some DD back from companies other people follow) but if the price to pay for doing this on SI is threatened charges, is it really worth it? As far as viable situatuions-yes I was lead to believe some things on CMP from top people at the company. Sure earnings were going to be incredible. Sure, the audit is going fine-no problems. I made the mistake of believing these guys and got burned. I am back in now because as you know I am a value investor. CMP is now 9 times trailing earnings and 4 times prospective earnings. Crazy. I am also buying RENT at these levels as it is about 6 times earnings with a pristine balance sheet. HDIE will speak for itself. We all hear information about companies and pass it along. Sometimes it is true, sometimes not. If it was always true, we would all be rich! I don't know that many rich people
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