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


To: sport who wrote (1002)7/21/1998 3:25:00 PM
From: bill hopkins  Respond to of 1055
 
I prefer that she doesn't make a bunch of forecasts that some trigger happy class action law suit attorneys would attempt to chase her around over. Just keep adding the capacity for now. Make sure the cyclos don't fall off the truck.....Double the earnings in 99 and be happy...



To: sport who wrote (1002)7/21/1998 3:38:00 PM
From: Jim Roof  Respond to of 1055
 
<<Come on everyone, this stock went from 29 to 14 in 2 days..who in the hell is responsible???? >>

I no longer own THRX but your comments are so out of line I have to jump in. The people who are responsible for THRX moving from 29 to 14 in 2 days are those who sold their stock in those 2 days. Theragenics stock has moved from the mid 2 dollar range 3 years ago to a high of 70 (both figures pre-split). I bought at 8 and sold at 14 a good while back then bough at 17 and sold at 38.

<<The CEO has a responsibility to inform the shareholders of both good and bad situations and conditions in the company. The CEO is to be taken to task for allowing this company to crash the way it did.>>

The execs at THRX can do little to nothing to alter the market forces other than conduct their business in the best way possible for their company's bottom line. A better approach might be to contact your broker to get a trading schedule that would list the upcoming highs and lows for the next few months. Your broker has as much a chance of altering the course of this stock as an honest CEO.

<<To quote her after those crash days"we have not re-statements,no company developements and we are comfortable with earnings" Then why did your company lose half its value?????>>

THRX lost half it's value because that's what the markets are DESIGNED to do. No one wins unless someone else loses. Those who bought THRX near the mid 30's paid the college tuition of the children of those who sold it there after having bought in the teens.

The markets are neither fair nor rational. They are totally driven by emotion. A good chartist could see THRX's crash coming weeks before it did. My guess is that THRX is broken for a while and may trade as low as single digits in the weeks ahead. If it does then I will buy there and send my kids to school on somebody else's dime.

Hey, be a sport.

Jim



To: sport who wrote (1002)7/21/1998 8:17:00 PM
From: Ron Kline  Read Replies (3) | Respond to of 1055
 
"The CEO is to be taken to task for allowing this company to crash the way it did.."
So you think that the CEO is going to stop a decline in a companies stock. There is nothing she can do to stop the action that happened with the company. The fact of the matter is the earnings were not bad but are slower than in past quarters. They are very similar to the way they were last year when the stock went down from the mid 20's down to something like $17. The company goes through periods when the are transitioning in bringing more units online and the growth slows from quarters before until they ramp up. Name me one company's stock that does not correct 50% sometime in their growth as a company, CSCO, AOL...just look at any high growth stock and you will find periods of decline. You should realize that investing in companies is speculative and it's not a guarantee to make money. Just look at the tech stocks this year and you will realize that people can lose 50% of their money overnight and it is not something that's unusual. Welcome to the stock market. To me the important issue is how the company manages the company over time. Is the stock a winner or is it erratic and underperform over the longer time period. Although I can't speak for the future take a look at the new Money magazine and see the ranking of the best performing stocks since 1990. THRX has gained something like 70% a year and was in the top area of the page. I'm sure if you bought then a 50% decline is a dent in comparison to how much you would have made. Bill want to comment?