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Biotech / Medical : IMAT - ultrafast tomography for coronary artery disease
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To: Patrese who wrote (2253)3/31/1998 11:26:00 AM
From: Bruce Rozenblit   of 3725
 
You're right about Siemens. As of tomorrow, the door opens wide. I am trying to be positive about the earnings delay but the stock traders are heading for the doors. We are getting hammered,down to 2 1/4 so far, on heavy volume. When people hear about accounting problems, they always suspect the worse possible scenario, that the company cooked the books, or will have to take a huge write off because the beans need to put in a different pile. We will find out what is is going on in a couple weeks but as you can see, many will not wait around for the answer.
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