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Non-Tech : Auric Goldfinger's Short List

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To: rogermci® who wrote (3109)9/16/1999 11:23:00 AM
From: Sir Auric Goldfinger   of 19428
 
Niiice ASKJ trade! Next up: GDT a very close comaprable to BSX which prereported the other day. Stent market not looking real good, a lot of pricing pressure. Some research firms advising clients to stand asside. Valuation very aggresive, trailing multiples are 7.3X sales, 25.7 book, p/e 43 vs. consensus growth of 20.5% per year. Most importantly, stock is at 115X cash flow (more than 2x reported earnings clearly agressive accounting). Short term: First stop 50, then 46, cover against 56. Silver platter, no?
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