SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : GFIH Graham-Field Health Prod -- Ignore unavailable to you. Want to Upgrade?


To: Paul Tarbox who wrote (28)3/24/1998 7:46:00 PM
From: Joan Sherman  Read Replies (2) | Respond to of 84
 
You might want to see strength, but I think all the institutional
money did what they needed to do yesterday. Now the little people
are stuck with this stock. Any bounce will probably be met with
selling pressure. Sell off may have been overdone, but this is
obviously dead money for several quarters. Just my opinion.



To: Paul Tarbox who wrote (28)3/25/1998 8:11:00 AM
From: Frank Perlmutter  Respond to of 84
 
I took a big chunk yesterday at a little under 8. Overdone is definitely the word for what happened. The loss was taken to improve future performance. With their acquisitions and probably more in the future, GFI should continue to steamroll. As a former strategic consultant, you make some sacrifices in the short term to reap the benefits over the long haul. It might be a long time before it sees 19 again but 8 to 10 is a nice profit-- IMHO should be able to do that soon.

Good luck
Frank