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Biotech / Medical : SNRS- Sunrise Technologies
SNRS 0.0000010000.0%Dec 12 9:30 AM EST

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To: HeyRainier who wrote (1548)8/25/1998 12:13:00 PM
From: Sylvester   of 4140
 
I have little time today for discussion, but todays is so much fun.

What we know. Loren & Rainer and Mark are amongst the better TAs around.

SNRS has a better than average story.

Money Managers for institutions and funds use similar charts to what our captive TAs use when making decisions.

SNRS has no real PE Ratio, a must for more conservative funds.

Biotech is not the current industry of choice.

Everything takes longer than we expect.

The volume on the ask side indicates that someone (or some people) doesn't think we're dropping to $6, where there appears to be support.

I don't know where SNRS will be in 3 years any neither do any charts. When our analyists give us a "buy" signal, it most certainly be above current prices but I don't care. We may be here for a while and I own enough stock. Every purchase or sale must have its own set of dynamics for the investor. for example, I might buy some at $8.25 and quickly sell at $10 but retain my long term shares.

For those of us invested for close to a year, we're approaching a more favorable tax situation, but in terms of appreciation, I'm now at a loss. I can only consider this a long term investment.

This last statement is not a fact. Contrary to rumors and comments, I don't think large investors are yet making any kind of committment to SNRS.
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