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Biotech / Medical : World Heart Corp - WHRT and TSE/WHT

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To: Ducks who wrote (358)2/5/2000 10:15:00 AM
From: Steve G.  Read Replies (1) of 500
 
I'm not positive, but I believe the trial verdict was out during trading hours. In any event, WHT was seeking only $8 million in damages, this is chump change in the long run. I think part of this is to make a point to competetors that WHT will aggressively defend their technology.

As for selling and buying in lower, the risk is you miss the big move up, while the reward is maybe you gain a couple of dollars.

Look, Merrill is not going to issue a buy rating on World Heart unless things are looking very good. Chances are Merrill knows something the rest of us don't.
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