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Biotech / Medical : VISN - Sight Resources
VISN 2.2400.0%Mar 27 5:00 PM EST

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To: straight life who wrote (66)6/7/1999 6:11:00 PM
From: Ram Seetharaman  Read Replies (1) of 103
 
Ackerman of Fahnstock is one! After his recommendation couple of years ago, stock went down as low as $ 1+. So his word isn't worth much, since he was wrong!

Now the new President Sullivan has turned the company around and VISN is looking healthy. Sullivan himself bought a year's worth of his salary in VISN stock, when it was trading in the low 2s and 3s.

As of 6-3-99 VISN rating seems to have dissipated to a "moderate buy" rating from a "strong buy" couple of months ago!

Today's volume of 200000+ was healthy and IMHO $ 5+ is not far away! Once it becomes marginable security for a few months and the earnings improve even the teens are possible!
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