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Biotech / Medical : SAFESKIN

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To: Steven Dopp who wrote (720)3/18/1999 10:53:00 AM
From: Beltropolis Boy  Read Replies (2) of 828
 
>What do you think the chances are of SFSK bouncing back to the $12 range within the next 30 days or so? I'm trying to decide what to do with my whopping 300 shares. I also, my stock club meets tonight and I need to give my club some advice on what to do with their shares.

first off, given my once glowing praises of this company, i'd really hate for you to take my advice. however, if my recent experience watching (thankfully) say adaptec, advanced fibre, ciena, or liposome mean anything, they each continued to slide after their respective implosions. for example, some did settle around $8-12, but over the next few months were cut in half. of course, after many more months, they did 'recover.'

besides jaffe leading us astray, so to speak, such scenarios have prevented me from picking up additional shares at this time.

fwiw, several partners in my club are currently debating joining a class action -- for the "learning experience."

not sure if this helps,
-chris.
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