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Biotech / Medical : VISN - Sight Resources

VISN 2.240

0.0%

Mar 27 5:00 PM EST

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To: Ram Seetharaman who wrote (83)	10/27/1999 8:56:00 PM
From: straight life	Read Replies (1) of 103

Difference of opinion. That's what makes a market. Sullivan was brought in to turn the company around. I don't see that he's done it, or is doing it. He bought a lot of stock; all well and good. But he's done nothing else but continue to operate a "roll-up". People who work for the co. see no changes, there doesn't seem to be any economies of scale (the whole raison d'etre behind the roll-up concept). What else? Oh yeah, laser. Very nice. But what's happened? An announcement of a business in the future w/TLC. Well, I wish them the best. But so far it's all insubstantial. Only with small caps do you get a price rise on the idea of the new business, rather than the results of the business. Well the results were in yesterday on the rest of the business. Real results reflecting the actual business. The turnaround company didn't do as well as the old, bad company. Whining about poor business conditions. Just like the old company. Well, what if it isn't their fault? Well, I don't care; I'm an investor. I'm not a bricks and mortar strip mall store located in some worsening downtown location somewhere. I can INSTANTLY through the magic of Wall St. sell and buy another business where they're saying "Hey! we've got more business than we know what to do with!" Of course you'd rather own a business Wall St. has decided is CHEAP. You're smarter than all the people whose lives are spent studying business. Go ahead; you're welcome to it Ram. Now I've really spent too much time owning (3 years) and especially discussing this stock; thank you Alan Ackerman of Fahnestock for getting me into this loser and Ram, I bequeath the discussion, the thread and the stock to you. I'm gone.

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