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


To: David Rubin who wrote (480)12/4/1998 3:07:00 PM
From: Mr. Happy  Respond to of 828
 
I am still looking for positive news within the years that should move the stock higher - these guys have a lot of good things in the works. I would not be short SFSK.

Mr. Happy



To: David Rubin who wrote (480)12/4/1998 4:29:00 PM
From: Short A. Few  Read Replies (1) | Respond to of 828
 
Would have been nice to be short last month!

I still think the big downdraft was influenced
primarily by one or two institutions, selling
into what is routinely a strong part of SFSKs
quarterly cycle (never was able to hear what
Level II info showed, though). Next, Barrons
jumps in with a real cheap shot, after the
stock has already become oversold.

Just can't convince me that 80% ROE, 30% sales
growth, and 40% earnings growth won't pull this stock
back close to $35 following next two earnings reports.
(So I made the ultimate mistake and got my girlfriend
bought in at 19 1/2 <vbg>)

Maybe as the Barrons metoo article fades into history
a couple of real analysts (sorry for oxymoron) will
start putting reality back into the price.

Unless all that brand-new competition Barrons mentioned
is more than the usual baloney (but I doubt it).

I can't see them blowing out estimates, but I can see
them continuing to show annual earnings increasing
from $1.30

Please continue with your thoughts!
regards,
Short