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Biotech / Medical : Eclipse Surgical Tech (ESTI)
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To: Mike who wrote (85)12/3/1999 1:59:00 AM
From: tuck   of 103
 
Mike,

In light of your comments, that's very brave to increase your position that much. I'm thinking of rolling my calls down tomorrow should we get an extension of the dead cat bounce that finished the day.

I would agree that the qtr is about done in terms of getting deals completed. Can't rely on Yahoo! hearsay -- or anyone's. I would indeed hope that management kept their lips sealed. I just wonder how Westgaard came to his conclusion. And if the sales come in the next quarter instead, that will be OK.

Aside from defensive option action, I think I'll wait for the numbers to come out and the conference call. I would expect the price to stay somewhere near today's close for a number of weeks.

Cheers, Tuck
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