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Biotech / Medical : Guilford (GLFD) - Steadily Rising -- Ignore unavailable to you. Want to Upgrade?

To: BRAVEHEART who wrote (319)	6/2/1999 2:57:00 AM
From: Steve	Read Replies (1) \| Respond to of 496

Jeffrey: I continue to hold this stock because I do believe it is worth alot more than $10 per share. However, I am concerned in that it seems that the market doesn't think this stock is worth much more than $10. In addition, this is one stock that I keep revisiting due to the characteristic that companies like this can go down 50 % in one day. I am trying to figure if I am wrong and why I am wrong. Hopefully I am not. It is not that I am not optimistic about this stock, I am otherwise I wouldn't continue to hold it. I just fear the big haircut. Furthermore, when I first got into the stock I thought it was a double. Now I am not so sure. Thus, the risk-reward profile has changed from when I first got into this stock. Another point is that I thought my downward risk was protected by the potential take-out value of this company. Obviously I was wrong about this. This investment hasn't performed, but I am not going to sell and chase internet stocks. I have been a long-term holder and will continue to hold unless I see something to believe a haircut is possible. Regards, Steve