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Biotech / Medical : Ethical Holdings (Ethcy) - seriously undervalued
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To: Peter Jones who wrote (332)3/19/1999 11:37:00 AM
From: Joe Dancy   of 345
 
The heavens have parted Peter. We have broken 10, this time in the right direction :).

I'm really not in contact much with management here Peter - they had the courtesy to send me some e-mails a while back but nothing significant. Sort of like - we are here, we will analyze problems, and we will have a plan - but nothing specific.

For grins, you might listen to my interview with biotech guru Jim McCamant of the Medical Technology Letter at audioinvestor.com - he thinks the sector will pop back, and mentions the acquisitions by Elan, the majority owner here if they execute their options/warrants, when we discuss consolidation in the industry and valuations. He is an interesting guy - the write up is also on SI's homepage at techstocks.com FWIW

Be warned, I'm no Louis Rukeyser :}

Joe
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