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Biotech / Medical : The Stock for 1999(Polymedica)PLMD(Medical Supply Co.) -- Ignore unavailable to you. Want to Upgrade?


To: Bryce Elkins who wrote (2891)10/7/1999 2:26:00 PM
From: Sam  Respond to of 3414
 
The secondary, 2.9 million shares, went today. It bothers me that it looks like it will take several days just to sell those shares into the market. It was priced at $21.25 and is underwater right now. Need to get this behind us before seeing a clear direction.



To: Bryce Elkins who wrote (2891)10/7/1999 4:56:00 PM
From: kendall harmon  Respond to of 3414
 
Bryce the volume came from the secondary offering today.

Often when the overhang of such an offering gets out of the way a stock will rebound.

We shall see.