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Biotech / Medical : Gliatech (GLIA) -- Ignore unavailable to you. Want to Upgrade?


To: LLCF who wrote (941)9/26/1999 12:42:00 PM
From: Asymmetric  Read Replies (1) | Respond to of 2001
 
Gliatech is now 46% off it's High for the Year
and only 10% above it's low for the year.
Market Cap at this price ($16) only $155 million.
Stock not being given away at this level, it's
being thrown away. Only reason I can see is that
with fear of a market correction around the corner
investors are seeking issues with more liquidity,
larger market caps. So Gliatech being punished
solely for being so small. If this is true, for
those with long-term horizons, this price will
prove to be a gift. Unless there are medical issues
involved which haven't surfaced yet, hard to believe
Adcon family of products being valued at such a low
level.

Good luck to all. Peter.