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Biotech / Medical : Harvard Scientific (HVSF)Hot$$- male impotency medicine -- Ignore unavailable to you. Want to Upgrade?


To: Nanda who wrote (3270)2/17/1998 7:31:00 PM
From: sly-1  Read Replies (2) | Respond to of 3906
 
Nanda, Afaq - so what do you guys think of price action???? Down 1/2 today .... closing in on GP's under .50 prediction .... maybe we should all take a long, HARD (sic) look at the fundamentals of this company and management again .... seems to me the only one's that have profited thus far are Waite $ See in first traunch at .3125 and any of the "lucky" investors out there to have gotten in there too!!!

Track records - when Waite took over stock price was solidly above 1.50 - now only 1/3 +/- of that - despite the rash of "good news" press releases.

Reverse split squashed stock price - only benefit is less shares outstanding - makes a take over more likely -

Current takeover premiums of SOLID companies is ranging 30-40% -
look at ca/csc, harte-hanks/metromail

My math says at current price $5+, given a significant premium offer of 50% we get $7-$8 offer - how many of us make money here???
Waite & See do again on there .625 ($6.25) 2nd traunch!!!!

Am I missing something here, just stupid, or finally seeing that this is fast becoming a no win situation for most of us ....

Look at Zonagen price - in spite of all the NEGATIVE data from professional shorter - price action is still BULLISH - yet HVSFD, with all the positives is 1/3 the pre-Waite price

Please put a positive spin on these comments, so I can sleep well tonight!!!!

Sly-1