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Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?


To: hotlinktuna who wrote (2467)2/7/2002 12:19:11 PM
From: Dave Gore  Read Replies (2) | Respond to of 16631
 
Don't forget about KG either. It is a first class drug deliver company with a low PE and was hit hard to the tune of 25-30% by a rumor about a patent expiration on one of their drugs in 2008! When the market comes to its senses and realizes that it usually thinks 24 hours is long term, it will realize 2008 (even if the rumor were true) is so far down the road that a 25-30% reaction over the last week or two is pretty silly.

IMHO of course