Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : Lifecore Biomedical (LCBM) -- Ignore unavailable to you. Want to Upgrade?

To: Mike who wrote (16)	6/29/1999 11:11:00 PM
From: Mike	Read Replies (2) \| Respond to of 43

I am sure most have heard that LCBM will probably be dropped from the Russell 2000 index. It appears that LCBM was placed on the index over 13 months ago when the stock was trading over $20. Now that we are way below the minimum market cap for a stock to be included makes LCBM a potential (if not certain) company to be dropped. Will managers that have LCBM readjust there portfolio and sell LCBM? Remember readjustments have to occur before July 1. So we are looking at a very short short term event. Many have stated that the stock may drop. What is the opinion out there about this? My personal opinion is I hope the bottom falls out and this stock drops back to the $8 7/8 level. I will be the buyer of this stock on the drop. Personally I think most portfolio managers knew this stock was going to be dropped and adjusted sometime ago. If not grab what you can. Lastly has anyone heard how this current qtr is going? Did Alcon order come thru to LCBM so the balance sheet can be cleared up? What does anyone hear about Intergel? Any and all responses would be appreciated, Mike