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Biotech / Medical : IVAX Insider Trading -- Ignore unavailable to you. Want to Upgrade?


To: flickerful who wrote (430)1/18/1998 10:33:00 PM
From: 5,17,37,5,101,...  Respond to of 756
 
Well, no thoughts on earnings because of recent major changes in corporate structure: three new purchases, new management, etc. BUT I did see a book value of around $4.00 per share. That kind of makes me feel safe. Also the new CEO Thomas Trotter has good experience working for Mallinckrodt Inc a very well-respected company.

Usually I start off with about $2000 to $4000 investment but believe about $15,000 might be more appropraite her especially considering the stock pattern:

wysiwyg://67/http://www.iqc.com/chart/default.exe?PERIOD=180&time=week&chart=bar&chart1=ma&volume=y&symbol=OLGC

To me it looks like a clear case of the bounces.

Jackson