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Biotech / Medical : Theragenics (TGX) on the up and up -- Ignore unavailable to you. Want to Upgrade?

To: Mikey who wrote (755)	3/18/1998 7:35:00 PM
From: Platter	Read Replies (1) \| Respond to of 1055

I think I will hold off on this one...I was going to buy but its just too pricey...This reminds me of those oil drilling equipment stocks in Sept/Oct '97...when everyone was buying at the top and those who bought lower were encouraging others to buy (without regard to valuation), when they were selling. Also, there is heavy insider selling, not only in Thrx, but others in the Health care/Drugs/medical pdts MKT..eg AVEI, WLA. Why must I buy a company's stock if senior officers are selling vigorously and brokerage firms are downgrading the stock because of its high valuation. AQlso, how much further can a stock run after rising over $30.00 in the past 2 months. There is just too much risk here. Profit taking will set in and many other will be left holding the bag....there are other less risky oportunities out there!!!