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

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To: Michael H who wrote (4093)12/22/2000 1:11:18 PM
From: MGV  Read Replies (1) of 4140
 
Michael,

No one should dispute that SNRS looks very different at 2 than it did at $8 and above. Remember that when it was $8, there were statements being made by people about imminent business results that both were wholly unfounded and more aligned with advancing their own self-interest than being factual or reasonable. In hindsight, if you didnt believe it then, you would have to agree now that their representations were wildly inaccurate.

SNRS has fallen in part because the overall market has fallen but only in part. It also has fallen because it has missed analyst targets as well as its own guidance.

You asked for an explanation of the difference between SNRS which is down roughly 80% over the last 80 weeks and the other companies that have more than doubled. There are many differences but the one factor that captures most of the difference is that the companies that have shown good price performance have surpassed expectations consistently. Try to study what makes some companies surpass estimates consistently while others miss and you will go a long way towards answering your question.
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