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Non-Tech : Enamelon (ENML) - Does anyone follow this? -- Ignore unavailable to you. Want to Upgrade?


To: Harry Ehrlich who wrote (450)3/2/1998 6:39:00 PM
From: Bill Wexler  Read Replies (1) | Respond to of 863
 
It certainly may rise higher on hype.

I have absolutely no way of predicting short term price movements...if I did, I'd be richer than Bill Gates. I base my investment on the comapny's current fundamentals and my assumptions about its realistic growth prospects.

So far, nothing has happened to convince me that Enamelon can grow into its current market cap so I remain short. If the price goes higher based solely on more speculation (i.e. positive analyst comments) I will simply short more.