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


To: bill hopkins who wrote (777)3/29/1998 10:19:00 AM
From: Solid  Read Replies (3) | Respond to of 1055
 
Generally great thread. Factually, A GREAT COMPANY. J&J backing. #1 position. Basically pharm. sector alt. which is hot. Tremendous growth potential and actual, both domestic AND foreign. Actual debt is like what , zero?

Future earnings make the appearence of a high PE VERY easy to understand. Remember PE is not high if growth rate is also very high. Dips appear as buying opportunity to me.

Yes it may take a big dip at times, but soon, more folks will catch on to this eagles backside and ride it for long term appreciation, big time. I am long already and will ride, rather then miss opportunity.

Anybody have any thoughts on Sept. Calls @ 70 strike price? 10 contracts becomes 20 @ half price and only a few points above current level of price with many months of news and growth before due date.

Thanks in advance!



To: bill hopkins who wrote (777)3/29/1998 5:53:00 PM
From: Stephen M. DeMoss  Respond to of 1055
 
Thrx is a great company with a great future IMO. However, it is very pricey. If the market continues up, it probably can hang in there (not decline greatly). But the risk reward is weak at this point going long. I am on the sidelines right now, hoping it moves up again for a short. Personally I think we may see a correction before the market resumes bull trend. Thanks for the congrats! Steve D.