RXSD Rexall Sundown Message Board

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Biotech / Medical : RXSD Rexall Sundown

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To: TimeToMakeTheInvs who wrote (195)	12/1/1998 11:14:00 PM
From: Adelantado	Read Replies (2) of 327

Lots of action today within a very narrow range. I guess the market has finally defined the base. With a vol of 3M+ it is comforting that for every share sold, there is someone there to buy it, both buyer and seller expecting opposite results. I suggest that today's drop is caused by the the large sales by unsure and insecure holders bailing out because of the news about Twin-lab, and the generally eroded price. There just aren't enough savvy buyers out-there at the moment to take advantage of the sale. When the market returns to thinking about earnings, return on equity and management quality, the door will be opened the other way with hords of buyers looking for the deal of a life-time, fearing that they won't get in on the ground floor. Until then, I suppose I'll just buy some more. After all, earnings while not as high as forcasted 6 months ago are still awesome! Joe.

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