Clifford Henry is short NITE, so he rates it a sell. Somewhat self serving if you ask me. Sorry to all of you who posted your excellent analysis of this event. I drafted this reply before reading the remaining posts.
I am new to NITE, and I went long at 36 5/8 after watching the stock for several weeks. I hope he is wrong. See below.
Laser Vision, Others Liked by Clifford Henry, Barron's Says
Bloomberg News
Aug 28 1999 5:05PM ET
New York, Aug. 28 (Bloomberg) -- Laser Vision Centers Inc., Visx Inc., Global Marine Inc., Celestica Inc. and DBT Online Inc. are among the favorite stocks of Clifford Henry, chief investment officer and founder of New York-based hedge fund Worthington Growth, Barron's reported. He likes Visx and Laser Vision because the maker of lasers used in eye surgery and the operator of facilities where the procedure is done are likely to benefit as the number of operations is expected to reach 900,000 this year from 100,000 in 1996. Henry also likes Navigant Consulting Inc., Kroll-O'Gara Co. and Integral Systems Inc., Barron's said.
Henry says Worthington now has short positions -- positions he's holding in the belief the stocks will drop -- in Amazon.com Inc., Service Corp. International, Stewart Enterprises Inc. and Knight/Trimark Group Inc., Barron's said. (Barron's 8/30 30 www.barrons.com) |
