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Biotech / Medical : Guilford (GLFD) - Steadily Rising

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To: Steve who wrote (270)3/25/1999 12:58:00 PM
From: LLCF  Read Replies (2) of 496
 
Insider buyers:

Guilford Pharmaceutical (GLFD: $10.38)
This biopharmaceutical company develops products that treat cancer. The company also makes therapeutic products for the treatment of neurological diseases. The stock trades at 1.4 times book value, 1.6 times cash and near the 12-month low. Despite news that the company purchased 100,000 common shares and the fact that members of the management team picked up 12,500 shares at an average price of $10.13 since February had little effect on the stock. Wall Street expects the company to lose $1.16 per share for the year ending December 1999 and to lose $0.97 per share in FY 200

DAK
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