Staar Surgical -- know anything about it? Message Board

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Biotech / Medical : Staar Surgical -- know anything about it?

STAA 25.26

-2.4%

Nov 3 3:59 PM EST

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To: m meixlER who wrote (98)	8/2/1997 11:29:00 PM
From: AARON DIDICH	of 133

Mike: Thanks for the insight on future earnings and I agree with '98 being the year. I am concerned with the Medicare legislation going around and have not heard any rumblings on the impact for the eye guys; the trend is and has been in only one direction(down), the slope of the decline is the only variable. What type of price will this product have placed on it to the hospital, any ideas? My renal dialysis stocks bounced back this week and I expect more upside in the short term(if you bought in on my previous suggestions). Part of the new Medicare cost cutting will produce additional profits for them(ironic no?) since private insurers will have to carry dialysis patients an additional period of time prior to medicare assuming them on their roles. I just closed out my position in STAA. We were in NYC for 7 days and I put SELL and STOP LOSS orders out on some. Once again took two days to sell the position but it must have moved fast on Friday as I sold at a higher price than I asked for. I will load up again if it dips and hopefully can pick up more shares next time so I can retain some and trade the rest. Regards, Aaron

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