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Biotech / Medical : Kendle International Inc. (KNDL) -- Ignore unavailable to you. Want to Upgrade?


To: Ryno who wrote (45)11/13/1999 3:54:00 PM
From: Bilow  Respond to of 53
 
Hi Ryno; Re why this stock is down. I think a good bit of it is due to bad news for the sector. I'm still long, and not feeling particularly worried about the future of the company.

-- Carl



To: Ryno who wrote (45)11/14/1999 1:27:00 AM
From: JDGarza  Read Replies (1) | Respond to of 53
 
I first became aware of KNDL when Business Week for two years straight included it on the their top 100 growth stocks. In 1998 it was their number one pick ... luckily for me I only started following its' movement. However, I got in earlier this year @ 13 and got out with in a week or so because it didn't do what I expected it to. Lucky for me.....

I recently got in at 7 and this time plan to stay long for a while. The company says it has experienced some unforeseen expenses and that caused some problems meeting the MA's expectations and the market punished them. At seven however, the downside risk is minimal (imo)but the upside potential looks very very nice. Again imo.....