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Biotech / Medical : VD's Model Portfolio & Discussion Thread -- Ignore unavailable to you. Want to Upgrade?


To: Rocketman who wrote (6427)2/10/1999 7:52:00 AM
From: Epics  Read Replies (1) | Respond to of 9719
 
If you check the GSII thread, it might not be 13 million. In previous cases the judge has issued a multiplier (13 million X 3) in damages. This will be decided in the next 3 weeks. That would make it 40 million dollars. Plus royalties if the injunction goes through. That decision will be rendered in 60 days and Guidant has a really bad record in court. If the injunction goes through, regardless of the multipier, this stock will never be 4 dollars again.




To: Rocketman who wrote (6427)2/11/1999 10:45:00 AM
From: lwd  Read Replies (1) | Respond to of 9719
 
Rocketman: Thanks for the reply on GSII. I love it when the Good Guys win. Also, I noticed you put GSII back in the portfolio. Reassuring to me because I bought 1000 shares at 3.875 on Tuesday; then the stock went down, and I checked to see if I had an albatross around my neck. Looks like the price is heading back up today.