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Biotech / Medical : SRDX - SurModics - Biotech IPO -- Ignore unavailable to you. Want to Upgrade?


To: Donald carlson who wrote (14)7/2/1998 6:35:00 PM
From: lindend  Read Replies (1) | Respond to of 84
 
>There isn't much of a track record for making a credible growth projection. >

Thanks for the info. I've learned a painful lesson with recent IPO stocks and PEG + P/E ratios. Quality new issues can't be judged solely on these ratios, especially if earnings/revenues are accelerating.

I was waiting on ARMHY's P/E and PEG to get in line before I bought it, and as I waited, the stock doubled in a two weeks. Not going to make the same mistake with SRDX.