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Biotech / Medical : SYNTHETECH - NZYM -- Ignore unavailable to you. Want to Upgrade?


To: Paul Hackett who wrote (307)12/7/1999 1:17:00 AM
From: Dan Gibbs  Read Replies (1) | Respond to of 372
 
I think you're on the mark. If you have the patience to hold this stock for a couple of years, you will be rewarded. It is very attractively priced now in the mid three's and I have added to my position. Quarter 3 earnings are likely to be flat as the company suggested in the Q2 earnings announcement, but I think that news has been discounted in the stock price already. Q4 will almost certainly look better as some Q3 business will be pushed back into that quarter. As you say, the infrastructure is in place. The big orders will come. The question is when. I'm guessing that we will see strong positive trends in the next 6 to 12 months.