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Biotech / Medical : SNRS- Sunrise Technologies
SNRS 0.0000010000.0%Jun 6 11:01 AM EST

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To: steve who wrote (3867)4/4/2000 5:17:00 PM
From: kolo55  Read Replies (1) of 4140
 
A big piece of the short position is hedging.

This still leaves a large naked short position. I think they are short because they feel the market for LTK is fairly small. I think they are wrong.

However we still need FDA approval, and we still need to be able to manufacture the machines. I am disappointed we didn't start to rebound earlier than this, but the implosion of VISX hurt the entire sector. I can wait for the pay-off.

Paul
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