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Biotech / Medical : HBOC...Buy in here? -- Ignore unavailable to you. Want to Upgrade?

To: dougjn who wrote (117)7/14/1998 5:33:00 PM
From: Olu Emuleomo  Read Replies (1) | Respond to of 341
 

Bizzare price action. If a reaction to the earnings beating by only a penny, why did the selling
wait to start until 1:15pm or so, in a strong and strengthening market?

Strange.

I dont like it one bit! I bet we have bad news coming....the volume is just too big! (9m+) Reminds me of Cendant? Price drop on huge vol...no news!!

--Olu E.



To: dougjn who wrote (117)7/14/1998 9:47:00 PM
From: Hal Barnett  Read Replies (2) | Respond to of 341
 
Doug,

I've owned HBOC for many years. This type of action after
a strong earnings report is not uncommon.

Some analysts suggest that HBOC will make another acquisition.
The company has grown by making several acquisitions a year as
long as I've held the stock.

Look at a five year stock chart on a log scale.

Regards,
Hal


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