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Biotech / Medical : AngioDynamics - ANGO
ANGO 13.10-0.5%Dec 26 9:30 AM EST

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To: Paul Lee who wrote (24)5/5/2007 8:14:20 PM
From: Jim P.   of 45
 
Thanks for reply,
I had figured fair value for ANGO at about 22 before money was spent on RITA. Now I do not have a very good handle on fair value. I tend to be very conservative so ANGO is a very expensive stock for me to buy based on book and earnings.
The market growth/stability of ANGO pre-RITA made me ignore some of my more cautious valuation metrics.
I really do not have a clue about RITA market prospects but tend to trust current management to make very good choices.
I hope it is not misplaced.
Jim
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