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Biotech / Medical : ICON plc (ICLR) drop 50% in Value is this justified!!!!!!! -- Ignore unavailable to you. Want to Upgrade?


To: Sean who wrote (8)3/31/1999 6:42:00 AM
From: John Ritter  Respond to of 16
 
Seems a clear winner, wish I had bought more today.



To: Sean who wrote (8)3/31/1999 1:47:00 PM
From: Barry Moss  Read Replies (1) | Respond to of 16
 
I picked up a 100 at 13-1/8 myself yesterday. I agree that this was a panic move by the markets yesterday and should be good for a quick 25% over the next month, baring a major market upset.



To: Sean who wrote (8)4/9/1999 9:24:00 PM
From: Helge Collins  Read Replies (1) | Respond to of 16
 
I agree it's a panic move, but be
cautious. Look at 1-year chart of
one of ICLR's competitors: PRXL.
Something similar to this (profit
warning) happened at the end of
Oct. '98. The stock was decimated
in one day, and has never recovered.
But of course there's a trading
opportunity...looking for a bounce.

Helge