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 : Spine-Tech (SPYN)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bruce Payne who wrote (22)8/12/1996 4:53:00 PM
From: .com   of 242
 
According to Marketscope, at 1:50 today, H&Q analyst says his estimates for 97 are significantly lower than rest of street, .36 on $35.5M revenue. "Positive on long term story: co. introducing revolutionary product..."

Where did you get the street estimates from? Is this available somewhere (for the non-broker crowd)?

My broker told me not to go for the window yet--This was from ONE analyst. Still, I have to admidt that I aint gonna sleep real well tonight.

I can't help but believe that H&Q was dumping their shares this past few days, then releasing the downgrade (and possibly buying them back at a lower price). Last week was flat with real low volume, then Thurs. and Fri. the price starts dropping with heavy volume, and on Monday it drops more, then the downgrade is released. What do you think?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext