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

To: Madpinto who wrote (603)	3/6/1999 6:18:00 PM
From: Apple12	Read Replies (1) \| Respond to of 828

To much debt, still some uncertainty wall street would rather wait and see, people are really starting to get bent out of shape! Maybe we have reached a bottom!

To: Madpinto who wrote (603)	3/7/1999 2:09:00 PM
From: W Shakespeare	Read Replies (1) \| Respond to of 828

When a stock drops precipitously from its high because of fears of a slowdown in growth and because of accounting manipulation accusations, it becomes "out of favor" with the street. The stock will drop down to absurdly low levels based on P/E or future growth valuations for several quarters until a trend toward steady growth can be seen. IMHO, Safeskin will need to have several excellent quarterly reports before it attracts much interest. By the way, if making money kept a stock in "favor" with the street, then all of the internet stocks would sell for less than a dollar. It is the street's perception of future profits that drives this market.