ARTERIAL VASCULAR ENGINEERING Message Board

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Biotech / Medical : ARTERIAL VASCULAR ENGINEERING

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To: AARON DIDICH who wrote (269)	10/15/1997 2:31:00 PM
From: Jeff Gurian	of 339

Thanks for the info. Yeah, the 32 mark sounds a little better than 60. I could not even justify the mid 50's (Lee and I both bailed out then, but if there is any pullback, I think Ill buy back in). Looking at a PE of 80 for the ttm (trailing 12 months) was too much. If it made it through the Forbes negative side, whats going on today? I was just reading an article posted on how allot of the bio techs are going to have great quarters. It singeled out Guidant and AVE as having big 4th quarters, but AVE is down almost 3 today (so far). Im not entirely sure whats going on anymore. Jeff

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