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Biotech / Medical : T/FIF Portfolio

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To: Asymmetric who wrote (144)10/22/1998 10:30:00 AM
From: scaram(o)uche  Read Replies (1) of 1073
 
Peter:

I had overweighted GLIA hoping for a run before earnings, given that they were obviously going to be exciting. Got a bit of a "blip" instead of a "run", and cut back to a level that is appropriate for the balanced "Bounce" portfolio.

I also wanted to raise some cash. That's it, nothing more. The GLIA report shows more Adcon-L going out the door than I expected. There's all sorts of news that could provide further ummmph near-term, too.

The trades are paper trades, but I do own several issues shown in the portfolios, particularly in the "margin-pain" portfolio.......
exchange2000.com

>> I know you've been a long time follower of
Gliatech and I've always thought of you as a long term,
patient, thoughtful investor. <<

I trade in and out of GLIA (as I do for several other issues). It has been a cash cow. Never have bet against them, and, even while out of the stock (or calls), I've always hoped that the share price would head north. I am a "patient, long term investor" with certain issues, however...... stuff like MLNM or unknown stuff that hasn't hit radar.

Rick

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