SAFESKIN Message Board - Msg: 6209808

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Biotech / Medical : SAFESKIN

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To: Beltropolis Boy who wrote (393)	10/29/1998 11:58:00 AM
From: G. H.	Read Replies (3) of 828

Hello thread, well to all long time holders this one will be back. To all new buyers of today, myself included, what a gift. IMO this is related to some fund who probably bought near the top last July, and got caught in the general market meltdown, now they have a large loss and have to sell before the end of this quarter, if they want the write off for this year. So the C.C. spooked them into doing so. Tonight on the nightly business report I can just picture Paul Kangus shaking his head as he reads off the big movers of today. The market always over reacts in both directions, it may take a few days, or weeks, but this one should trade back to the low 20's. Time will tell. Best of wishes to all Henry

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