SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : VISX

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: ajs who wrote (1004)3/27/1999 11:51:00 PM
From: MGV  Read Replies (1) of 1754
 
I've owned VISX since '94 at pre-split adjusted prices of $5 so I am a VISX bull. That said, be careful in playing s/t options on an expected earnings pop. The price went from 60 to $107 because of teh earnings preview in early March. You have to figure that a 66% gain pretty much discounts this quarters earnings into the present price. I suppose, given BEAM's confirmation that the industry is griddle hot and similar confirmations from LVCI and other distribution points, there could be upside surprise from the management's upwardly revised preview but, it wouldn't seem to be the best bet out there.

Now, if there were VISX LEAPS, I'd race you to them.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext