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Biotech / Medical : Vasomedical Inc.
VASO 0.1600.0%Nov 28 9:30 AM EST
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To: Richard James who wrote (1357)9/4/2000 1:16:26 PM
From: Michael July  Read Replies (1) of 1605
 
Richard,

The next quarters's numbers would likely need to be way above what most are expecting. Last quarters' numbers were pretty good and except for a brief pop right before the release we are right back to where we began before those numbers were released. It was the old "sell em after the news" trade.

I hope you are right about the upcoming quarter. One of my biggest concerns is VASO was bid up into the mid teens earlier this year on very heavy volume...aided in large part by day traders. Now all that stock bought at higher prices lies hanging over the market, awaiting a higher price in which others holding the stock will sell to "break even".
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