Stock Watcher's Thread / Pix of the Week (POW) Message Board

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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW)

VEEV 291.73

-1.8%

3:59 PM EST

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To: Stock Watcher who wrote (11337)	6/28/1999 8:10:00 PM
From: hoffy	Read Replies (2) of 52051

PLC made a nice move today although I was disappointed to see the pull back at the end of the day. Probably the day traders taking their profits. It think this stock is on the road back. On July 1st, Health Insurance will start covering their procedure. The market in Japan is supposed to be opening up. Earnings are due at the end of July. The company announced last quarter that they were cutting back to move towards profitability. They sell the laser machines and the kits to perform the procedure. Getting the machines out are key. Once they are in all the hospitals, they can make a good profit simply selling the kits. It keeps the money flowing in. They can be very profitable if the estimates are correct for the number of procedures that will be done.

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