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Biotech / Medical : Eclipse Surgical Tech (ESTI)

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To: tuck who wrote (84)12/2/1999 8:04:00 PM
From: Mike  Read Replies (2) of 103
 
A couple of comments. First off it is not too early in the quarter to be making these estimates. The qtr is over 2/3rds over with this current qtr ending Dec 31. With the holiday lockdown at hospitals coming very soon the qtr is in effect over very soon. So if comments were made by management that deals from the prior qtr still havent been close we are in trouble. I hope that this was an analyst looking for the company to let him know if these deals were closed. Hopefully the company stated we cant tell you. Then he assumed they have not been completed.

But if deals have not been closed they have to be completed very soon. Does anyone who maybe at a hospital currently evaluating the ESTI laser have any comments? This analyst could have been way off- this sell off overdone- or right on in which case we have more selling to come.

Anyone will to gather a guess. I guessed that this is overdone today and I increased my position 4X.

Mike
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