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Biotech / Medical : QDEL - Quidel more quick diagnosis
QDEL 26.60+9.2%Nov 24 3:59 PM EST

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To: David B. who wrote (468)3/3/1997 7:49:00 PM
From: Ambrym Man   of 1693
 
Re-calling all the previous press releases about distribution agreements with other parties, and the fact that Quidel had hired their own sales force I thought this company was going to take off even without the h-pylori test. Click on www.quidel.com, read the
press releases:
Dec 13 1996
July 10 1996
June 21 1996
Nov 15 1995
Oct 18 1995
The numbers boggle the mind.
I agree with you, I am in this for the long-haul and much happier if
they are not worrying about q-to-q. Bear in mind a few weeks ago this
stock had a P/E ratio of 120. In fact on one large brokerage house's
database it was indicating 120 as recently as Feb 27th.
Did you realise that there is a short position on this stock
1/15/97 636997 shares
2/14/97 661085 shares
about 6 days trading volume. They have got to get back in sometime.
I have been in this stock for about 4 years and I know one absolutely
sure way to make this stock skyrocket, and that is for me to get out.
But I am staying, sorry guys.
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