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Biotech / Medical : SAFESKIN

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To: Suma who wrote (686)3/12/1999 11:40:00 AM
From: Steven Dopp  Read Replies (2) of 828
 
I will not buy more as management cannot be trusted. Either they are less than forthcoming, or they are, IMHO, incompetent. Either way, I cannot trust management's guidance. At this point, I do not know if I will sell or hold. I will at least hold for the weekend. I suspect I will sell on a bounce up into the $12 range.

I cannot adequately analyze/project future revenue and eps growth from companies with untrustworthy management. Therefore, I cannot, with any degree of assurance, project future revenues and earnings for this company. Therefore, you can bet that at some point during the next 12 months I will sell.
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