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Biotech / Medical : ICON plc (ICLR) drop 50% in Value is this justified!!!!!!!
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To: Sean who wrote (8)4/9/1999 9:24:00 PM
From: Helge Collins  Read Replies (1) of 16
 
I agree it's a panic move, but be
cautious. Look at 1-year chart of
one of ICLR's competitors: PRXL.
Something similar to this (profit
warning) happened at the end of
Oct. '98. The stock was decimated
in one day, and has never recovered.
But of course there's a trading
opportunity...looking for a bounce.

Helge
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