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Biotech / Medical : SonoSight (SONO), Handheld ultrasound for the masses
SONO 18.56-0.4%Nov 28 9:30 AM EST

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To: stockman_scott who wrote (230)9/13/1999 5:15:00 PM
From: TRIIBoy  Read Replies (1) of 365
 
IMHO, the downgrades of SONO invited short sellers and weak holders of SONO to bail and pound the stock downward. However, as we have seen in the past there are people/institutions who have salivating at a chance to own this on any weakness. That is why there is a serious bid to the stock.

I think we sit here between $25 to $27 until (a)news (b)warburg dillon read initiates coverage (c)postive press coverage before launch (d)actual launch

The key will be to sell when the company is CNBC and is up over 5 pts <g>.
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