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So you can't buy the product? Now that becomes very interesting! How are they
going to make the money? Maybe its not PRs they need but salespeople...
Gwenn
| -----Ursprungliche Nachricht-----
| Von: Michael Harris [SMTP:eagleinc@xxxxxxxxx]
| Gesendet am: Tuesday, October 19, 1999 3:06 PM
| An: ggautier@xxxxxxxxxxx
| Cc: 'ariel@xxxxxxxx'; Layne Hermansen; omega-list@xxxxxxxxxx
| Betreff: Re: AW: Medical Stock
|
|
|
| Gwenael Gautier wrote:
|
| > ...I am checking it myself now. The stock exists, it is even listed in
| > Germany
| > now. The product came out in Jan 99 and has generated sales of between
| > $100.000
| > and $1 million in 99 as reported in the Bloomberg company data. The company
| > israther new...
| >
| > ...Either way, I don't understand why insiders not related to the managment
| > have
| > been selling. 9000 shares here, 37000 there, another 47000 here. Why should
| > I
| > buy, if they are selling??? I found one analyst saying he believed in the
| > product
| > and saw a price target of$20 in 12 months. But I have never heard of that
| > research house before, so forthe moment I am not convinced...
|
| I also received the information but have not done any research other than to
| go
| into one of the drug chains where the product is supposed to be currently
| sold.
| The pharmacist was not aware of the product.
|
| Being totally unqualified to analyze and issue an informed opinion about this
| product or the company, the only thing I will say is that this unsolicited
| "tip"
| reminds me of a "pump and dump" that I unfortunately jumped at several years
| ago.
|
| Gwenael, I think you are absolutely correct in trusting your uncomfortable
| feelings. If something does not appear to make sense, why force it to look
| good?
| There will be plenty of other opportunities. But following a tip from an
| anonymous
| source is probably not the best road to riches.
|
| Mike
|