QIAGEN (QGENF) - Star of Germany's Biotechs Message Board

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Biotech / Medical : QIAGEN (QGENF) - Star of Germany's Biotechs

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To: (no name provided) who wrote (16)	3/8/1997 8:18:00 AM
From: Zeitgeist	of 122

I am confused too, I participated in the run first, but I lost my nerves and sold at 32. Thereafter, I wanted to short but etrade had no stocks available to borrow. As it was discussed a month ago or so, the reasonable trading- range of this stock should be between 15-20. IMO, there is no way that qgenf will continue to climb. Maybe we are seeing a short squeeze right now. Another thing that bothers me is the big spread between bid and ask price. It is really hard to daytrade this stock with this spreads. I'll try to short again on Monday - or is there any news we don't know ? Did they found a way to prevent licence payments for PCR to La Roche or so ... Maybe the people expect more revenues from qiagens step towards the PCR technology. However, this market is dominated by Perkin Elmer. Qiagen has no name in this field (yet). S

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