VISX Message Board - Msg: 9772914

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Biotech / Medical : VISX

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To: capitalistbeatnik who wrote (1143)	5/26/1999 12:16:00 PM
From: W Shakespeare	of 1754

I don't think the street reaction is related to the facts at hand. This market has traded on momentum for quite a while and investors tend to bail on anything going down regardless of the facts. VISX suddenly looks risky now even though the risks have been apparent for quite a while. Look at Dell. Number one in its sector and growing at a fantastic rate and it is dropping like a rock. Look at Pfizer. It has the best pipeline and current offerings in the drug industry and it is dropping like a rock. I could go on and on and list Microsoft, Intel, America Online. . . Being the best in a growing industry has no meaning in today's market. I plan on benefiting from other's stupidity. I will buy more today and will continue to buy on each drop as the same news is recycled over and over again.

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