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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime

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To: Rocket Red who wrote (53339)9/2/2001 9:47:16 PM
From: bigbuk  Read Replies (1) of 62348
 
VERY BIG GRIN :))))))))))))))))

love those gapdowns-- hope iright :)))

Using a competitor's analysis, Alan Abelson of Barron's took aim at Med-Design Corp. (MEDC: news, chart, profile) over the weekend, praising the CEO of Retractable Technologies (RVP: news, chart, profile) for his critique of Wall Street's kind treatment of his rival. Thomas Shaw, Abelson wrote, aptly pointed that much of the fuss over Med-Design is tied to the company's patents for various automated retraction syringes -- including technologies that have tenuous sales prospects at best. And even if they do make it to market, Shaw said, slow FDA approval and limited patent life will generate only a small fraction of the tens of millions they have helped tack on to the company's market cap. Shares in Med-Design closed down $1.90, or better than 7 percent, to $23.70 Friday while Retractable tacked on 20 cents to $4.90.
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