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Biotech / Medical : Endosonics(eson)
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To: tuck who wrote (190)6/21/1999 9:54:00 PM
From: Lou Little  Read Replies (1) of 205
 
This stock tanked on last quarter's earnings disappointment and the voluntary recall. It doesn't take too many institutional investors getting spooked to drive the price down. The upside, IMHO, is that ESON's fundamentals are still sound. Double digits will simply be a return to where they've recently been. I doubled down in the low 5's and will wait for price gains with volume to add to this position.

The volatility of this stock makes it either tempting to play the swings or one you buy and forget about. Either way, I plan to be long for a while.
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