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Biotech / Medical : ICN Pharmaceuticals -- Ignore unavailable to you. Want to Upgrade?


To: Robert Florin who wrote (972)8/11/1999 4:32:00 PM
From: serendipitymike  Read Replies (1) | Respond to of 1029
 
Congratulations and more power to you if you actually waded through the Yahoo ICN Board!!!!!! Raging Bull at least is entertaining--and I think answers your question: Milan Panic has stepped over the line so often that it's not a matter of dollars and sense (that's "cents") but I kind of like it the way it came out!) so much as credibility and trust. Hard to value a company when you can't trust the CEO and Board to be honest and forthright. IMHO only. Mike



To: Robert Florin who wrote (972)8/11/1999 4:43:00 PM
From: Clouseau  Read Replies (1) | Respond to of 1029
 
Robert, Mike - FWIW
The facts that it sold off so hard and hasn't recovered all THAT strongly, and that it was preceded by insider selling make me nervous and jerky and tho I own a large position (for me) I am not adding more. Nor am I giving up. We thought that the writeoffs in EE were behind us. So here comes surprise #1. What's next? Maybe the insiders know of more "challenges" that MP is unwilling to be forthright about, but they know are coming. Could be Russia, China, South America, who knows? Future writeoffs can be revealed even in the face of the optimism voiced in the cc..."well, we just didnt know this was gonna happen." Personally I dont think PegIntron is a problem. Friends of mine who have followed the story are accumulating more.
Good luck!
Dave