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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?

To: John Pitera who wrote (27325)4/11/2000 12:30:00 PM
From: wlheatmoon  Read Replies (1) | Respond to of 63513
 
so how did 1998's thrashing end?



To: John Pitera who wrote (27325)4/11/2000 1:19:00 PM
From: Michael Young  Read Replies (1) | Respond to of 63513
 
<<This type of action in VPHM has been happening for a couple
of months, at first it was the "old economy" stocks like
PG and ALL.>>

This kind of action has been happening for years with biotechs when a lead product has flopped in a trial. Very typical action.

VPHM is largely a one product company, and today's news suggests that product doesn't work. The stock would have cratered even if we were in a very strong market.

MIKE


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