SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : SAFESKIN

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Beltropolis Boy who wrote (559)1/22/1999 3:58:00 PM
From: Steven Dopp  Read Replies (1) of 828
 
FWIW, my stock club agreed last night to buy SFSK. It was a controversial decision that was approved on 7 to 6 vote! Those voting against it were concerned about SFSK's high debt level and the fact that all of their manufacturing plants are located overseas. They also were concerned that SFSK is a relatively young public company and did not have a long-term track record.

Those who voted in favor liked the favorable PEG ratio, the strong projected growth rates as indicated by ValueLine, and felt that the debt situation wasn't that bad given today's low interest rate environment. Those voting in favor also liked the fact that 85% of SFSK's revenues are generated in the USA.

Time will only tell.....
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext