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Biotech / Medical : Eclipse Surgical Tech (ESTI)

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To: Beans who wrote (65)10/8/1999 3:32:00 PM
From: tuck   of 103
 
Beans,

Bought in at 10 7/8 today. So the paperwork at the hospitals delayed sales a few weeks. Such a lag doesn't justify the trimming ESTI just took -- except that it had gotten ahead of itself, anyway. I like it at these prices.

I also bought PLC. I own the players for a total cost of $13 5/8 just as they are launching efficacious products. I like it. I'll be writing calls against ESTI (PLC, too, if it can get near a strike price again!), while waiting for the cash flow.

Cheers, Tuck
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