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


To: Mad2 who wrote (749)3/23/1999 12:42:00 AM
From: Fbk32  Read Replies (2) | Respond to of 828
 
Thanks Mad2 I've seen many of these "dogs" die a slow
death due to management's lack of credibility. Other
recent stocks like CEND, CEXP, AMCN,PEGA,and many others
have hit bottom and have been there for the last 4-6
months.

It is only when Management re-establishes credability(very
hard for SFSK) that they begin the slow climb back to 1/3
or 1/2 of their former levels. As Safeskin is a local
company, and I hear a lot about what is happening there
from local stock analysts, it is the consensus that this will
dip again and establish a firm base around $5 per share(look at the trading today), and linger there for 4-8 months. Remember NO Profit 1stQ, and drastically reduced profit 2&3q.

Times like this are when you need to play the stock and
work it for all it's worth. It's a great opportunity to make
loads of $$$.I appreciate the positive feedback and intelligent
conversation. Others on this board just want to hide their
heads in the sand and pray for recovery, how pathetic.

Brian