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Biotech / Medical : CMP -- Ignore unavailable to you. Want to Upgrade?


To: marshall freeman who wrote (1199)8/28/1998 1:07:00 PM
From: Emec  Read Replies (1) | Respond to of 1308
 
Do I trust Street? Not completely. Is he a very smart dude? Yes. has he worked 3 years with no compensation and just options? Yes. Is he doing this for his health? No. Did the company just earn .56? Yes. Are they on track to make at least 41.20 this year with no new business? yes. Will they get any new business? yes. Will their eps be higher than $1.20 this year? Yes. Is this a short term trade? probably not? Is this a safe investment at this price with potential big gains? Yes. can this thing move up as quickly as it moved down? yes



To: marshall freeman who wrote (1199)8/28/1998 2:43:00 PM
From: Linda Kaplan  Read Replies (2) | Respond to of 1308
 
His reasoning? He sold HIGH and he bought LOW. That was his reasoning. He would have sold at near 8-1/2 yesterday and bought back near 4-1/2 today. Not a bad day trade; you could say he made almost 50% in that day.

Unfortunately I have huge losses in this, of about 70W% I guess, and missed the chance to get out at around 8. So now I either have to take a 70% loss or I have to tie up my money another six months or a year till this company digs itself out, if it ever does.

Holding would be gambling I would at least get more for it than today and maybe get to near break even, or just a 20% loss or so after a long wait. Neither choice is that great but it's not a great situation.

Linda