VISX Message Board - Msg: 3691086

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Biotech / Medical : VISX

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To: jrgmd who wrote (421)	3/12/1998 5:25:00 PM
From: Amy Feller	of 1754

The runup began after the PaineWebber report (see my earlier posting on March 6). While I am thrilled with the move from the low 20's to low 30's (I even took some profits yesterday <and yeah, I'm kicking myself a bit since it moved even higher today>) and while I would love to see VISX return to it's historical high of 40.. I'm concerned that the PaineWebber 12 month outlook was $32-33 and we're there already! (Maybe they meant 12 day outlook!). That's about a 30% rise in 6 days! So would it not make sense to see some selloff as the price closes in on the target price in this short of time? Any thoughts? I would love to hear that this could continue but I would like reasons :) Amy

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