Pediatrix Medical Group (PDX) Message Board

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Biotech / Medical : Pediatrix Medical Group (PDX)

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To: TRIIBoy who wrote (61)	2/22/1999 1:58:00 PM
From: Toby Zidle	Read Replies (1) of 431

Cancellation of the stock split ISN'T big news. Since the stock price is already down 50% from the time of the split announcement, most long-term share holders would have anticipated this move. The drop after trading resumed today was the reaction of some scared shareholders who believe as you do and panicked out. Since then, PDX has been steadily recovering. It's now $23 1/4, off only $3/16, with volume of 300,000. Anyone looking at the trade-by-trade details will conclude that PDX is in recovery mode and is being accumulated.

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