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Strategies & Market Trends : YEEHAW CANDIDATES

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To: Sergio H who wrote (2878)8/29/2003 10:20:43 AM
From: upndn  Read Replies (2) of 23958
 
Volatility indeed! Big money has gotten in here to the tune of adding 8 million new long/short shares. The company should have no trouble selling a measly 2.5 more to long term funds at current prices. lol-Something to consider.

The business has gone beyond being a story stock and is growing profitable sales above +60% a quarter, eps +100%.
I have a good size core position and an equal size trading position thus I add to the volatility as well. As for my belief of a exact valuation I have to leave that to the analysts, 8 or 18 I'm ready for either. You have to ask yourself where would the price be without all the short activity....do they have good reason to be here or are they manipulating the price? How much do you put on a new device that is changing a large industry and this company has the patents covering it?
The CEO has been in the medical laser industry since 1986. I believe the company will have other products beyond dental lasers in the future. The company didn't need this secondary money for current operations.

BTW In prior messages here I saw mention of warrants. There are no warrants associated with the secondary offering. Just shares from the company and 300,000 from the former owners of Amer. Dental.
Good luck to you all.
Jim
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