QIAGEN (QGENF) - Star of Germany's Biotechs Message Board

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Biotech / Medical : QIAGEN (QGENF) - Star of Germany's Biotechs

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To: (no name provided) who wrote (7)	1/18/1997 9:53:00 AM
From: Zeitgeist	of 122

Kafka666, thank you for the flowers :o) Yes, I agree that there is a higher likelyhood that qgenf will have a sharp downward correction this year. You mentioned the major reasons and, in addition, the stock has an enormous P/E; the market for nucleic acid-purification kits is not unlimited (it's not a consumer product); their products are quite expensive (as compared to competitor's kits); ect. ect. I got nervous and I am out of the stock right now ($27) - waiting for a price near 30 to short again... It will be interesting to see what happens when the price breaks out of the 24-29 range (more likely downwards ...). I hope that I am not in the wrong direction with my little 'game' (using the 24-29 spread) when the stock looses ground. I hope that we all make some money with this one, Stefan

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