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Biotech / Medical : Pediatrix Medical Group (PDX)
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To: Dr. Bob who wrote (37)2/17/1999 10:04:00 PM
From: Tom Hua  Read Replies (1) of 431
 
Bob, I'm a position trader. While I think PDX could drop to single digits, I anticipate getting out of my short much before that, probably before KPMG completes its audit (which will take weeks). Until the audit is completed, I think PDX will continue to drift down. There's no support for the bottom, but there's strong resistance in the 26-28 area. I'm comfortable with my short at 27 3/8.

Regards,

Tom
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