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Biotech / Medical : ChiRex (CHRX) -- Ignore unavailable to you. Want to Upgrade?

To: Dushi who wrote (121)	12/6/1999 2:05:00 PM
From: T-Lo Greens	Respond to of 130

Well...I think it sucks that it dropped ~60%. Luckily I didn't have any shares until today. Now I have 3000 shares bought from 12 11/16 down to 12 3/16.

To: Dushi who wrote (121)	12/6/1999 2:10:00 PM
From: Biomaven	Respond to of 130

Is this not a little bit overreaction, -21 $? I think so, and so I initiated a position this morning at around $11 1/2. I've generally had good luck buying sound companies after crashes caused by short-term issues. (Take a look at NEON for a comparable example). However, here there will likely be some tax-selling to add to the pressure between now and year-end. If you are prepared to take a 6 month to a year view, I think a purchase at these levels will serve you well. Peter