SAFESKIN Message Board - Msg: 8231387

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Biotech / Medical : SAFESKIN

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To: Madpinto who wrote (614)	3/9/1999 4:31:00 PM
From: Dave Twibell	Read Replies (1) of 828

Ugly action in the morning, but the stock bounced strongly off the lows and held the 19 level all afternoon. Morgan Stanley was a major seller all morning, but lifted once the stock bottomed around 18 and buyers finally surfaced. No idea why we are down so far, but it has been obvious over the past few sessions that one or more institutions were unloading size or taking up significant short positions. I'm a buyer at these levels, though. Dominant player in their niche, very strong management, good business model, no bad news that I can see to justify trading at this price level, market turning (I hope) etc.... Good luck longs. Dave

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