OT - Gee Mark, I didn't know you cared. << And if you do not count SNRS out, why didn't you telegraph a buy at 1 and change or even now at 2 and change. You did it at $8 last year. >>
For a fee I would happily provide you with up-to-the-minute data on my investment opinions, and buy/sell calls. <GGG>
<< The bear market does not explain SNRS. >> Sure it does, stock valuations in the short-term are more a supply/demand issue, and in the bear market there was a dearth of buying simultaneous with record levels of shorting across the board. Small and mid-cap technology-related stocks suffered the most, but as my examples indicated many large-caps also suffered.
In re: the sector, you may read my same account. Further, << How correct were your assumptions implied in that post? >> As I had posted, the recessionary environment has slowed capital investment in many areas. A new vision correction procedure which is elective surgery would be more likely to be deferred by patients, and hence it would be more likely that there would be delays in the purchase of new surgical equipment by doctors' groups which were/are feeling the effects of the recession. Sunrise was predictably more sensitive to the recession than a company which was receiving royalties from machines already placed. The increasing evidence of recession required reevaluation of all investments. I hope you took account of these factors since last fall, as I did, even if you didn't see me post about it. <GGG>
OBTW, the 'bundling' of equipment for both LTK (Sunrise) and LASIK procedures is now being addressed by Bausch+Lomb: biz.yahoo.com
If you want to post about SNRS, take it to that thread. I don't imagine the posters here are interested in your OT comments. |
