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Re: its_the_oxygen post# 67087

Monday, 10/06/2008 6:08:23 PM

Monday, October 06, 2008 6:08:23 PM

Post# of 257265
>do you know of any fundamental reason for the recent IDIX decline other than the obvious deplorable market conditions?<

No, I do not. As mentioned in #msg-32659390, through Friday IDIX was the eighth-best performing stock this year in the entire Russell 3000 index. Hence, it may have been overripe for a correction during a broad-market selloff.

I just listened to today’s IDIX presentation at the JMP conference—nothing new.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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