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


To: G. H. who wrote (394)10/29/1998 12:13:00 PM
From: Beltropolis Boy  Respond to of 828
 
Tonight on the nightly business report I can just picture Paul
Kangus shaking his head as he reads off the big movers of today.


fwiw, as of noon, we've got the fifth most volume on the naz.

nasdaq.com

i'm sorry, but i gotta say it: while i occasionally tune in to NBR too, kangas clearly needs a new denouement. it's a pun terribilis.



To: G. H. who wrote (394)10/29/1998 12:57:00 PM
From: David Rubin  Read Replies (2) | Respond to of 828
 
Agreed, this is an overreaction but I don't think a recovery is coming any time soon. The market has just decided that SFSK is no longer worth such a premium PE. I'm a long term believer in the company but I still see more downside before a slow recovery. Shakeouts like this aren't over in one day.

SFSK was a market leader in the last bull market but their time for leadership may be over. I think the stock will outperform in the long term but for now it needs to find a base.



To: G. H. who wrote (394)10/29/1998 5:59:00 PM
From: Michael G  Read Replies (1) | Respond to of 828
 
It's already back in the low 20's.