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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: valueminded who wrote (11225)	10/5/2000 3:52:20 AM
From: rjm2	Read Replies (1) \| Respond to of 78652

EDAPY.. I never have liked foreign stocks. Heck, reading their quarterly PR gave me a headache with all their currencies. Plus,they burned 20 cents last quarter. The market always discounts money losing cash cows. Hell, they discount those that don't lose money oftentimes. Looks like a bio-tech that was SOLD onto the public and now has little support. If you know & understand the science, it might be a good play. A "pop" back to $3 seems possible next year. Its probably beyond my circle of competence (incompetence ?) and so I would probably wait for some form 4's (insider buying)to show me the way. I have seen a lot of these kind just piss away their monies rather quickly too. Take CRTQ for example, it was a failed bio-tech, taken over by a value guy, now they trade at around cash per share and still own all the technology rights, he just turned off the R&D and spending and will only do a deal if others put $ up. I am hoping it will get marked down below cash like it did last year so I can buy more.